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Hollyweird

Kim Kardashian Hit With 1.2$M SEC Fine Over Crypto Scheme

View Source | October 3, 2022 8:19 am

  • The Securities and Exchange Commission announced on Monday that it has charged the reality television star and social media influencer Kim Kardashian “for touting on social media a crypto asset security…without disclosing the payment she received for the promotion.”
  • The SEC said that Kim K “agreed to settle the charges, pay $1.26 million in penalties, disgorgement, and interest, and cooperate” with the ongoing investigation.
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