Kim Kardashian paid $1.26 million to settle SEC charges after promoting EthereumMax tokens that promptly cratered in value, losing 97% of their peak price within six months. This case became the poster child for irresponsible celebrity crypto shilling, with investors filing a class-action lawsuit over the $290 million in alleged losses. Her endorsement is 30% more damaging than #3 Tiger Woods for Buick in legal consequences, as Woods faced no regulatory fines. Kardashian’s promotion of a volatile asset without disclosing payment set a dangerous precedent.

Comments on "Kim Kardashian for Crypto (EthereumMax)"
Create a free account or sign in to join the discussion.
Sign in to join the conversation