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Kim Kardashian agrees to pay $1.26 million in crypto charges settlement

Kim Kardashian Crypto

The U.S. Securities & Exchange Commission on Monday announced charges against Kim Kardashian for promoting a cryptocurrency without disclosing that she had been paid for the promotion. Kardashian has agreed to pay $1.26 million as part of a settlement.

The big picture: Federal securities regulators have been cracking down on celebrity crypto endorsements.

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