- Kim Kardashian agreed to pay more than $1 million to settle SEC charges for failing to disclose a payment she received for touting a crypto asset on Instagram.
- She also agreed not to promo crypto assets for three years, and will cooperate with an ongoing investigation.
- Kardashian had already gotten heat from regulators and investors over the June 2021 post.
Good to see repercussions. Just wondering if this is enough.
These guys don’t give a damn about anything except lining their own pockets and conning a generation of teenagers.
Unfortunately, said generation of teenagers are only more than happy to hand them over their $$$…
I’m glad that they did something to her even if it could have been worse. That amount of money for the settlement would be so much to a normal person, I’m sure it doesn’t feel like that much to her, but it’s probably still enough to hurt a little.
Paid $250k. Fined $1.26 million. Drop in the bucket for a billionaire.
I still find it strange that her audience would deem her a savvy-enough investor to take financial advice from. Good enough for the Kardashians, good enough for me, perhaps?
I just saw a video on this, she said that what Kim was fined was equivalent to about $500 for a regular person lol. But maybe it’s. more the media coverage that’s supposed to hurt her? Does any sort of coverage really do anything bad for her though? 
Well that’s nothing to them then 
all press is good press if you’re famous is what I’ve always heard lol