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Chicago Sun-Times
Chicago Sun-Times
National
Michelle Chapman | AP Business Writers

Kim Kardashian settles SEC suit over crypto promotion

Kim Kardashian West attends the 2020 Vanity Fair Oscar Party. The SEC on Monday said the reality TV star will pay more than $1 million to settle charges that she promoted a cryptocurrency on Instagram without disclosing that she’d been paid to do so. (Getty Images)

Kim Kardashian has agreed to pay $1.26 million to settle Securities and Exchange Commission charges that she promoted a cryptocurrency on Instagram without disclosing that she’d been paid $250,000 to do so.

The SEC said Monday that the reality TV star and entrepreneur has agreed to cooperate with its ongoing investigation.

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