- Kim Kardashian will pay $1.26 million to settle charges that she unlawfully touted a crypto asset security on social media without disclosing the payment she received for the promotion.
- The SEC said that Kardashian failed to disclose that she was paid $250,000 to post on her Instagram account about EMAX tokens, a crypto asset offered by EtherumMax.
- Kardashian neither admitted nor denied the agency’s findings.
