The crypto community reacted with a mix of disbelief and amusement after reality star Kim Kardashian was fined for promoting the cryptocurrency EthereumMax (EMAX). The United States Securities and Exchange Commission (SEC) fined Kardashian $1.26 million on Oct. 3, for “touting on social media” about the EMAX without disclosing she was paid $250,000 to post about it. Kardashian has neither admitted to nor denied the SEC’s allegations, but settled the charges and agreed to not promote any cryptocurrency assets until 2025. SEC chairman Gary Gensler tweeted the fine was a reminder that celebrity endorsement of investment opportunities doesn’t “mean those investment products are right for all investors.” Today @SECGov, we charged Kim Kardashian for unlawfully touting a crypto securi...
American socialite Kim Kardashian will pay $1.26 million in penalties for her involvement in the promotion of a cryptocurrency scheme called EthereumMax (EMAX). The United States Securities and Exchange Commission (SEC) announced the charges against Kardashian on Oct. 3 for “touting on social media a crypto asset security offered and sold by EthereumMax” without disclosing the payment received for her promotional involvement. Kardashian has agreed to settle the charges and pay $1.26 million in penalties, disgorgement and interest and is set to cooperate with further investigations by the SEC into the EthereumMax project. The announcement noted that Kardashian failed to disclose a $250,000 payment she had received to publish a post on her Instagram profile promoting EMAX to...
Kim Kardashian has been charged by the Securities and Exchange Commission for unlawful promotion of a crypto currency and agreed to pay a $1.26 million fine. According to the SEC, Kardashian used her social media to tout EMAX tokens, a crypto currency sold by EthereumMax, without disclosing the payment she received for the promotion. “This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors,” said SEC Chair Gary Gensler in a statement. Advertisement Related Video Kardashian neither admitted to nor denied the SEC’s findings, but “wanted to get this matter behind her to avoid a protracted dispute. The agreement she reached with the SEC allows he...
Watching Kanye West try to empathize can feel like watching a giraffe limbo, but Ye gave it a shot following the death of Queen Elizabeth II. “London, I know how you feel,” he posted on his Instagram Stories. “I lost my queen, too.” West seems to be referencing his messy 2021 divorce from Kim Kardashian, who went on to have a royal rebound with Pete Davidson. Though since he offered no clarification, it’s also possible he’s mourning the loss 15 years ago of his mother Donda West. Either way, the situations aren’t exactly comparable. Elizabeth II reigned in England for over 70 years and forged the monarchy’s post-colonial path with her emphasis on the Commonwealth of Nations. Whatever he meant, the Queen’s death has had a profound effect on West, at least according to West. H...
HipHopWired Featured Video Source: Leon Bennett / Getty Billionaire rapper/producer Kanye West, 45, has declared that he is turning his life around after news of the death of Queen Elizabeth II broke. “Life is precious. Releasing all grudges today. Leaning into the light,” West wrote in an Instagram post where he also shared two photos of the deceased monarch. [Note: He has since deleted the IG post, but this is the Internet.] Related Stories The rapper has also deleted many posts that he had been criticized for in recent days including criticism of his ex-wife Kim Kardashian and her family. Kanye shares North, nine, Chicago, four, Saint, six, and Psalm, three, with the Kardashians star. He was in conflict with his wife and her family related to where the children would attend ...
All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. It didn’t take long for Kim Kardashian’s Beats Fit Pro Headphones to sell out at Apple.com. The neutral-colored, true wireless, noise-canceling earbuds flew off the shelves after being released online last Tuesday (Aug. 16) and in Apple stores the next day. Explore Explore See latest videos, charts and news See latest videos, charts and news Available in dune, earth and moon, the earthy headphones offer active noise cancellation with three listening modes (Active Noise Cancelling, and Transparency Mode, and Adaptive EQ) and wingtips to help them stay snuggly...
Kid Cudi signaled the end of his tumultuous, 13-year friendship with Kanye West in a recent Esquire interview, saying “It’s gonna take a motherfucking miracle for me and that man to be friends again” in reference to the escalating beef between the two rappers over the past year. In February, West wrote on Instagram that he would not feature Cudi, a frequent collaborator, on his music “because he’s friends with you know who.” The since-deleted post was a reference to Pete Davidson, Cudi’s friend and Kim Kardashian’s first boyfriend since filing for divorce from Kanye West in 2021. Cudi broke his silence on the ordeal in the interview. “Do you know how it feels to wake up one day, look at your social media, and you’re trending because somebody’s talking some shit about you?” he said. “You fu...