The SEC busts Kim Kardashian over EthereumMax, pour encourager les autres

Reality show queen Kim Kardashian is not stupid. She’s a billionaire businesswoman. She clearly has basic competence. But that doesn’t mean she understands securities laws — or that putting “#ad” on the end of an Instagram post promoting a security does not, in fact, leave you in the clear.

In today’s post, Amy Castor and I subjected ourselves to reading up on the SEC’s order against Kardashian. It’s Amy’s turn, so you’ll find it over at her blog. [Amy Castor]

We also noticed that Floyd Mayweather probably violated his previous 2018 settlement with the SEC for promoting ICOs. Whoops!


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