Kim Kardashian  charged  by SEC

What's the news?

Kim Kardashian was charged  by SEC for advertising cryptocurrency without disclosing she had been paid  to do so.

Cryptocurrency involved

Kim advertised EthereumMax on her Instagram page & was paid $250,000 to do so.

SEC Charges

SEC has filed the charges against her & ordered her  to pay $1.26 million fine.

In the same boat

Popular celebrities boxer Floyd Mayweather Jr, basketball player Paul Pierce and EthereumMax's creators were sued by investors  earlier in January.

Response from Kim Lawyer

Acc. to the statement by the lawyer Ms Kardashian is pleased to have resolved this matter with the SEC.

Agreed to Pay

Kim Kardashian has agreed  to pay a $1.26m fine for advertising EthereumMax.

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