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Kim Kardashian Agrees To Pay $1.26 Million To Settle SEC Cryptocurrency Promotion Suit

Summary by Ground News
Kim Kardashian has settled Securities and Exchange Commission charges that she failed to disclose a payment she received for touting a crypto asset on her Instagram feed, the agency announced Monday morning. Kardashian had failed to disclose that she was paid $250,000 to publish a post about EMAX tokens, the SEC says.

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Star Advertiser broke the news in Honolulu, United States on Monday, October 3, 2022.
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