Kim Kardashian fined for 'unlawfully touting' cryptocurrency
Kim Kardashian has been fined for “unlawfully touting” cryptocurrency. ‘The Kardashians’ star was slapped with a $250,000 fine by the SEC after she did not reveal she was being paid to post about Ethereum Max on her Instagram account last year. Gurbir S Grewal, the director of the The Security and Exchange Commission’s Division of Enforcement said on Monday (03.10.2022): “The federal securities laws are clear that any celebrity or other individual who promotes a crypto asset security must disclose the nature, source, and amount of compensation they received in exchange for the promotion. He ru...