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![Kim Kardashian charged by SEC, agrees to pay $1.3 million fine](https://1a-1791.com/video/s8/1/2/j/O/6/2jO6f.qR4e-small-Kim-Kardashian-charged-by-S.jpg)
Kim Kardashian charged by SEC, agrees to pay $1.3 million fine
2 years ago
11
The Securities and Exchange Commission today announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion.
Kardashian agreed to settle the charges, pay $1.26 million in penalties, disgorgement, and interest, and cooperate with the Commission’s ongoing investigation.
The SEC’s order finds that Kardashian failed to disclose that she was paid $250,000 to publish a post on her Instagram account about EMAX tokens, the crypto asset security being offered by EthereumMax.
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