What message is the SEC sending about celebrity crypto endorsements with Kim Kardashian fine?

Kim Kardashian will have to pay the Securities and Exchange Commission $1.26 million. Those are the terms the reality TV star reached with the SEC to settle charges that she promoted the crypto token EthereumMax on social media without properly disclosing that she was paid $250,000 to do so.  Kardashian is...

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US Senator Unveils Bill to Protect Crypto Exchanges From SEC Overreach

A Republican Senator recently proposed a new bill to safeguard crypto exchanges from regulatory overreach, the latest attempt by the US Senator as concerns grow that the U.S. Securities and Exchange Commission (SEC) appears to overstep the border.The bill, called the Digital Clarity Act of 2022, and introduced by Bill...

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SEC Chair Leading Wrong Narrative Over Crypto Laws?

The U.S. Securities and Exchange Commission (SEC) has filed several lawsuits against different firms and individuals for breaching securities laws. However, Gary Gensler, SEC chair has given out assorted statements over crypto regulations. This time XRP’s lawyer caught Gensler red handed replying to questions over a security. Is SEC chair missing...

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Entertainment News Roundup: Ian McKellen hopes to bring some laughs with pantomime ‘Mother Goose’; Kim Kardashian pays $1.26 million fine for paid crypto ad, SEC says and more

Following is a summary of current entertainment news briefs. Ian McKellen hopes to bring some laughs with pantomime 'Mother Goose' Veteran actor Ian McKellen hopes to bring some laughs to audiences around Britain with a new extended pantomime production of "Mother Goose". The 83-year-old will play the titular character, who together...

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Kim Kardashian fined $1.26m by SEC for unlawfully promoting crypto security

The US Securities and Exchange Commission has charged Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing what she was paid for the promotion.Ms Kardashian agreed to settle and pay $1.26 million in “penalties, disgorgement, and interest”, and co-operate with the...

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Kim Kardashian pays $1.8 million fine for paid crypto ad, SEC says, Entertainment News

WASHINGTON - Kim Kardashian has promoted everything from appetite-suppressing lollipops to melon-flavored liqueur to toilet paper, but it was her foray into the murky world of cryptocurrencies that got her into hot water. The reality television star and influencer has agreed to settle charges of unlawfully touting a crypto security and...

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Kim Kardashian Fined For Cryptocurrency Promotion, Here’s What It Means For Crypto

|Getty Images Key takeaways Kim Kardashian will pay a fine of $1.26 million for not disclosing to her Instagram followers that she was financially compensated for promoting EthereumMax. This could be a sign that the SEC will introduce further regulations on the cryptocurrency space. The SEC published a video urging the...

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A Danger to DeFi? SEC Crypto Powers Challenged by Former CFTC Commissioner.

Source: Chinnapong / Shutterstock One of the big battles in crypto right now isn’t between two exchanges duking it out for supremacy, nor is it two decentralized finance (DeFi) giants vying to be the blockchain’s Meta Platforms (NASDAQ:META). Rather, it’s between two U.S. government agencies. And, it’s a competition with vast...

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Kim Kardashian pays $1.26m fine for paid crypto ad, SEC says

WASHINGTON (Reuters) -- Kim Kardashian has promoted everything from appetite-suppressing lollipops to melon-flavored liqueur to toilet paper, but it was her foray into the murky world of cryptocurrencies that got her into hot water.The reality television star and influencer has agreed to settle charges of unlawfully touting a crypto security...

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