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Kim Kardashian Pays $1 26 Mn For Unlawful Crypto Promo

Kim Kardashian to pay €1 29 million over undisclosed payment for EMAX crypto advertisement

The reality TV star had not disclosed she was paid a large sum to promote the cryptocurrency on her Instagram account.

This is the Instagram post that got Kim Kardashian in hot water with the SEC — leading to a $1 26 million settlement payment

Kim Kardashian agreed to pay $1.26 million to settle charges related to a crypto ad, the SEC said. | Business Insider Africa

Kim Kardashian debuts her new Spotify-exclusive criminal-justice podcast

Transcripts for MSNBC MSNBC Reports 20240604 15:50:00

again, what s really bad right now is that we re at this point where unemployment is low, but the expectation is as borrows costs get higher, maybe that picture changes, will unemployment get higher, that s why friday s job report is going to be critical. we brought you here to talk about kim kardashian. i don t talk about kim kardashian. she s paid out a million and a half dollars. she promotes a lot of products but she made a mistake this time. which is a drop in the bucket for her. the mistake she made when she was promoting this by an instagram story, she didn t say she was being paid $250,000 to do so. she s being fined about a million and a quarter, drop in the bucket for her, but to fault she was not being paid by ethereum max to promote that specific crypto currency, that s the rule the sec has.

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