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Kardashian Poised to Beat Investor Suit Over Crypto Hype

  • Federal judge issues tentative ruling siding with celebrities
  • Plaintiffs’ lawyer argues he can show promoters caused harm
Kim Kardashian 

Kim Kardashian 

Photographer: David Livingston/Getty Images
Updated on

Kim Kardashian and Floyd Mayweather Jr. won a tentative ruling dismissing a lawsuit accusing the celebrities of scamming investors in a cryptocurrency called EthereumMax.

Investors claimed in a January complaint they paid “inflated prices” for blockchain-based digital assets because the reality television star and ex-boxing champion hyped the EMAX tokens. Former Boston Celtic Paul Pierce was also named as a defendant in the proposed class-action suit.