The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it.
Category: Floyd Mayweather
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EMAX class action against Kim K and Mayweather is back on, says judge
While a federal judge dismissed the lawsuit last year, U.S. District Judge Michael Fitzgerald has given the plaintiffs a new chance at pursuing action against the celebrities.
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Celebs who got burned endorsing crypto and those that got away with it
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
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Class action against Kim K, Mayweather over EMAX dismissed… for now
Despite dismissing the case, the judge acknowledged the lawsuit reflects a potentially dangerous trend of fraudulent-like promotional schemes.
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More laws are the solution for taking down crypto influencers
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead.
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Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
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SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax
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19 celebrities called out by consumer watchdog group for shilling NFTs
Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area “rife with deception.”
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Nifty News: Mayweather returns to crypto ring after legal KO… Reef gets NFTs
Floyd Mayweather’s latest bout with the crypto space will see him enter the Metaverse with a new NFT collection.
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Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey
A surprisingly large proportion of crypto owners report they would purchase a crypo asset because it is endorsed by a celebrity or influencer.
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