Kim Kardashian Fined $1 Million By SEC Over Crypto Promotion

Kim Kardashian Fined $1 Million By SEC Over Crypto Promotion

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Social Studies

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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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3 mins • 1 pt

What new insight or understanding did you gain from this video?

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