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Several celebs have been at the wrong end of an investigation after promoting crypto assets on social media without disclosing their payment for the adverts.
Kim Kardashian will pay over $1 million to settle charges from the Securities and Exchange Commission after promoting EtheriumMax crypto tokens on Instagram.
The SEC said Kim Kardashian didn't disclose she was paid $250,000 to promote EMAX tokens on Instagram, a violation of the Securities Act of 1933.
/PRNewswire/ -- Binance applauds the United States' efforts to compensate victims of the 2017-18 Centra Tech fraud. The U.S. has recovered 100,000 ETH, which...
DUBAI, UAE, Sept. 26, 2022 /PRNewswire/ --Binance applauds the United States' efforts to compensate victims of the 2017-18 Centra Tech fraud. The U.S. has recovered 100,000 ETH, which will be used to fund the remission pool that seeks to compensate over 170,000 victims of fraud who traded the CTR token. Binance has worked tirelessly to identify as many victims of this fraud as possible and is pleased they will be given the opportunity to get their funds back. "We don't tolerate crime in any way and we're proud to work with the U.S. Department of Justice (DOJ) to reach the vict...