From Donald Trump’s trading cards to Tai Lopez’s peculiar NFT collection, 2022 marked another year of poorly thought-out NFT drops by big names.
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A class action lawsuit against Kim Kardashian and Floyd Mayweather Jr. over their promotion of crypto token ethereummax has been dismissed. The judge stated that the law “expects investors to act reasonably before basing their bets on the zeitgeist of the moment.” Crypto Lawsuit Against Kim Kardashian Dismissed A federal judge dismissed a proposed class […]
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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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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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As part of regulations that are set to become effective in mid-February, crypto-asset investment promoters will be required to inform the Spanish securities watchdog of the contents of any ad that targets over 100,000 people. 10-Day Advance Notice Rule The Spanish government has tasked the country’s securities watchdog with authorizing advertisements that promote cryptocurrencies, a […]
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Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a class-action lawsuit over their promotion of Ethereummax and the EMAX cryptocurrency token. The celebrities’ “improper promotional activities generated the trading volume needed for all the defendants to offload their EMAX tokens onto unsuspecting investors,” the lawsuit alleges. Kim Kardashian and Floyd […]
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Former teen soap star from the popular television series “The O.C.,” Ben McKenzie, has called out his fellow celebrities for shilling specific cryptocurrency projects. McKenzie calls the trend a “moral disaster” and he’s named a bunch of celebrities that have shilled a few crypto projects to their loyal fans. ‘The O.C.’ Star Ben McKenzie Writes […]
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Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other celebrities from Hollywood and […]
The post 50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires appeared first on Bitcoin News.
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As was to be expected, the SEC has continued to crack down on the initial coin offering industry. That is a positive development overall, even though not everyone sees it that way. In its latest action, the SEC has cracked down on an ICO backed by Floyd Mayweather Jr. Centra is in a lot of Trouble Ever since celebrities decided to lend credibility to initial coin offerings, it was a matter of time until those decisions backfired. In the case of Centra, an ICO backed by Floyd Mayweather Jr., it seems things are going from bad to worse, as the SEC has
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