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Kim Kardashian to Pay $1.3 Million to SEC for Crypto Touting

  • Didn’t disclose $250,000 payment for EthereumMax ad, SEC says
  • Reality TV celebrity cooperating with ongoing investigation
Bloomberg business news
Watch: Kim Kardashian is fined for promoting crypto.Markets: The Close.”
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Kim Kardashian will pay $1.26 million to settle Securities and Exchange Commission allegations that she broke US rules by touting a crypto token without disclosing she was paid for the promotion.