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3232Judge Dismisses Crypto Lawsuit Against Kim Kardashian
https://www.digit.info/judge-dismisses-crypto-lawsuit-against-kim-kardashian/
Sun, 11 Dec 2022 04:30:17 +0000https://www.digit.info/2022/12/11/judge-dismisses-crypto-lawsuit-against-kim-kardashian/Read more]]>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 […]
]]>Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
https://www.digit.info/crypto-touted-by-kim-kardashian-climbs-124-after-sec-charges-token-value-dumps-the-next-day/
Wed, 05 Oct 2022 16:00:02 +0000https://www.digit.info/2022/10/05/crypto-touted-by-kim-kardashian-climbs-124-after-sec-charges-token-value-dumps-the-next-day/Read more]]>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 […]
]]>Kim Kardashian, Floyd Mayweather Sued for Inappropriately Promoting Cryptocurrency Token
https://www.digit.info/kim-kardashian-floyd-mayweather-sued-for-inappropriately-promoting-cryptocurrency-token/
Wed, 12 Jan 2022 16:30:37 +0000https://www.digit.info/2022/01/12/kim-kardashian-floyd-mayweather-sued-for-inappropriately-promoting-cryptocurrency-token/Read more]]>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 […]
]]>Kim Kardashian Called out by UK Regulator for Pumping Crypto Token That Could Harm Investors
https://www.digit.info/kim-kardashian-called-out-by-uk-regulator-for-pumping-crypto-token-that-could-harm-investors/
Mon, 06 Sep 2021 23:30:41 +0000https://www.digit.info/2021/09/06/kim-kardashian-called-out-by-uk-regulator-for-pumping-crypto-token-that-could-harm-investors/Read more]]>Kim Kardashian has been singled out by the U.K.’s Financial Conduct Authority (FCA) for pumping a crypto token that could put investors at risk. With 250 million Instagram followers, the FCA chairman said that Kardashian’s cryptocurrency promotion “may have been the financial promotion with the single biggest audience reach in history.” Kim Kardashian Promotes Crypto […]