🎧 It seems that the SEC has finally found a way to keep up with the Kardashians. But what are the broader implications of the SEC’s action against Kim Kardashian? Bloomberg’s Misyrlena Egkolfopoulou weighs in ⤵️ Apple: Spotify:
It seems that the Securities and Exchange Commission has finally found a way to keep up with the Kardashians. The US Markets regulator announced last week that Kim Kardashian had agreed to pay $1.26 million to settle allegations that she broke US rules by touting a crypto token. The SEC alleges Kardashian did not disclose that she was paid $250,000 to post on her Instagram account about EMAX token, a crypto asset offered by Ethereum Max.
But what are the broader implications of the SEC’s action? And is it a warning shot that stricter adherence to the rules is on the way? It seems that the Securities and Exchange Commission has finally found a way to keep up with the Kardashians. The US Markets regulator announced last week that Kim Kardashian had agreed to pay $1.26 million to settle allegations that she broke US rules by touting a crypto token. The SEC alleges Kardashian did not disclose that she was paid $250,000 to post on her Instagram account about EMAX token, a crypto asset offered by Ethereum Max.
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