cryptonews: Former NBA star Paul Pierce is going to pay $1.4 million to the SEC in connection with the promotion of Ethereum Max. 👀
"ESPN I don't need you. I got Ethereum Max. I made more money with this crypto in the past month than I did with y'all in a year."
The settlement consists of a $1.1 million penalty and a further $244,000 in disgorgement and interest — and as a result, Pierce doesn't have to admit or deny the agency's findings."When celebrities endorse investment opportunities, including cryptoasset securities, investors should be careful to research if the investments are right for them, and they should know why celebrities are making those endorsements.
Pierce's posts, and others from Kardashian and the boxer Floyd Mayweather, coincided with a dramatic surge in the value of EMAX.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
NBA Hall-of-Famer Paul Pierce to pay $1.4M over crypto promotion: SECThe U.S. Securities and Exchange Commission said Pierce promoted crypto tokens sold by EthereumMax on social media without disclosing he was paid to do so, and made misleading statements about the product.
Baca lebih lajut »
Paul Pierce to pay $1.4 million fine for misleading Emax promotionsNBA star Paul Pierce fined $1.4 million for promoting Emax cryptocurrency
Baca lebih lajut »
The 10 Paul Ruddiest Paul Rudd Performances of All TimeThese are the movies where Paul Rudd most clearly defines himself on screen, via his most inimitable qualities, from his light-footed physicality to his mixture of goofy enthusiasm and wide-eyed sarcasm.
Baca lebih lajut »
Rising Texas A&M wins 5th straight in SEC playThe Aggies earned their fourth consecutive victory in Mizzou Arena and sweept the regular...
Baca lebih lajut »