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The Independent UK
The Independent UK
National
Michelle Chapman

Kim Kardashian settles with SEC over crypto promotion

Kim Kardashian SEC Crypto EreumMax Securities and Exchange Commission
Evan Agostini/Invision/AP

Kim Kardashian will pay a $1.26 million fine for backing a crypto asset, in a case that officials said was part of a widespread problem among celebrities.

The reality TV star had failed to disclose the $250,000 she was given by cryptocurrency firm EthereumMax to promote its EMAX tokens, the US Securities and Exchange Commission said.

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