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Kim Kardashian, Floyd Mayweather Sued by Investors in EthereumMax Tokens

  • The celebrities were paid to tout the tokens on social media
  • Investor suit says EthereumMax has no relation with Ethereum
Kim Kardashian West
Kim Kardashian WestPhotographer: Christopher Polk/Getty Images

Kim Kardashian and Floyd Mayweather Jr. were sued for allegedly scamming investors in a cryptocurrency called EthereumMax.

The reality television star and ex-boxing champion were paid to hype the blockchain-based digital tokens to their fans, “causing investors to purchase these losing investments at inflated prices,” according to the complaint filed in Los Angeles federal court. Former Boston Celtic Paul Pierce was also named as a defendant in the suit.