Kim Kardashian Fined $1 Million By SEC Over Crypto Promotion

Kim Kardashian Fined $1 Million By SEC Over Crypto Promotion

Assessment

Interactive Video

Social Studies

University

Hard

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Kim Kardashian faced legal issues for promoting a crypto asset without disclosing her payment. The SEC charged her for not revealing a $250,000 payment for an Instagram post about Etherium Max, violating federal law. As a result, she agreed to a $1.3 million fine and a three-year ban on selling crypto.

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2 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What platform did Kardashian use to promote Etherium Max?

Twitter

Facebook

Instagram

TikTok

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the payment amount Kardashian received for her post about Etherium Max?

$100,000

$250,000

$500,000

$1 million