NEW: The SECgov has sued NBA Hall of Famer Paul Pierce over charges he did not disclose he was paid to promote the EthereumMax token. Pierce will pay $1.4 million in penalties and disgorgement. nikhileshde reports
The U.S. Securities and Exchange Commission sued former National Basketball Association player Paul Pierce for"touting" EthereumMax tokens without revealing he had been paid to do so.
The NBA Hall of Famer agreed not to"promote any crypto asset securities for three years," the SEC's statement said.over similar charges. The reality TV star paid $1.26 million for not disclosing $250,000 in payment.In a statement, SEC Chair Gary Gensler said the settlement is"yet another reminder to celebrities" to disclose if they are being paid to promote investments.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Former NBA star Paul Pierce fined $1.4 million for touting EMAX crypto tokens: SECThe Securities and Exchange Commission says former NBA All-Star Paul Pierce will pay around $1.4 million over crypto promotion.
Baca lebih lajut »
Former Boston Celtics star Paul Pierce settles with SEC over crypto violationsNBA Hall of Famer Paul Pierce settled with the SEC over allegations he unlawfully touted the same crypto security as Kim Kardashian.
Baca lebih lajut »
Paul Pierce hit with $1.4M fine for improper crypto promotionPierce is the latest celebrity to be penalized by the SEC for improperly promoting crypto products on social media.
Baca lebih lajut »
NBA All-Star Chris Paul on the most important thing to look for when investingThe future NBA Hall of Famer also spoke with MarketWatch about competing with LeBron James in the future as team owners, and the peer pressure NBA players face.
Baca lebih lajut »
NBA Basketball Scoreboard - NBA Scores - RealGMTuesday's NBA Scores: ORL 113, TOR 123 BOS 125, MIL 131 SAC 109, PHX 120 GSW 124, LAC 134 WAS 126, POR 101
Baca lebih lajut »
NBA Basketball Scoreboard - NBA Scores - RealGMWednesday's NBA Scores: SAS 110, CHA 120 CHI 113, IND 117 MIA 105, BKN 116 DET 109, BOS 127 NYK 122, ATL 101 CLE 112, PHI 118 UTA 111, MEM 117 HOU 96, OKC 133 DAL 109, DEN 118 NOP 102, LAL 120
Baca lebih lajut »