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The Guardian - UK
The Guardian - UK
Lifestyle
Mark Sweney

Kim Kardashian to pay $1.26m to settle crypto charges

Kim Kardashian Crypto SEC Instagram EreumMax
Kim Kardashian
Kim Kardashian has agreed not to promote crypto assets for three years and will cooperate with the SEC’s investigation. Photograph: Gotham/GC Images

Kim Kardashian has paid US regulators more than $1m to settle charges for failing to disclose that she was paid to promote a crypto asset in a post on her Instagram page.

The reality TV star, social media influencer and entrepreneur, who is estimated to be worth $1.8bn (£1.6bn), has agreed to pay the Securities and Exchange Commission (SEC) $1.26m to settle the charges.

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