Emax – DIGIT INFO

EMAX investors given third and final chance at celeb promo suit

DIGIT — Fri, 06 Oct 2023 04:35:09 +0000

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.

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EMAX class action against Kim K and Mayweather is back on, says judge

DIGIT — Thu, 08 Jun 2023 05:00:06 +0000

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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NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens

DIGIT — Fri, 17 Feb 2023 17:31:56 +0000

The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million. SEC Chair Gary Gensler Wants to Remind Celebrities of Disclosure Laws […]

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Class action against Kim K, Mayweather over EMAX dismissed… for now

DIGIT — Thu, 08 Dec 2022 03:00:00 +0000

Despite dismissing the case, the judge acknowledged the lawsuit reflects a potentially dangerous trend of fraudulent-like promotional schemes.

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Kim Kardashian and Floyd Mayweather Win Tentative Court Ruling in Ethereummax Lawsuit: Report

DIGIT — Wed, 09 Nov 2022 01:00:40 +0000

Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. reportedly won a tentative court ruling in a class-action lawsuit involving the Ethereummax token. Investors have accused the celebrities of hyping Ethereummax and pumping the EMAX crypto token. Judge’s Tentative View U.S. District Judge Michael Fitzgerald gave his “tentative view” Monday in a class-action […]

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Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day

DIGIT — Wed, 05 Oct 2022 16:00:02 +0000

Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower than the high it reached on October 3. EMAX Token Markets […]

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How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine

DIGIT — Tue, 04 Oct 2022 02:41:00 +0000

Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star.

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SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax

DIGIT — Mon, 03 Oct 2022 14:00:52 +0000

On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation. Kardashian Charged by SEC, […]

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Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey

DIGIT — Thu, 23 Sep 2021 04:36:40 +0000

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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Kim Kardashian Shills Ethereum Max on Instagram, Media Questions Socialites Motive

DIGIT — Wed, 16 Jun 2021 03:30:59 +0000

The celebrity influencer Kim Kardashian posted about a project called Ethereum Max on Instagram this week by sharing an advertisement with her 228 million followers. The project Ethereum Max has also been promoted by former Boston Celtics forward Paul Pierce and professional boxer Floyd Mayweather. Kim Kardashian Follows Mayweather and Pierce by Shilling Ethereum Max […]

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