American TV star Kim Kardashian agreed to pay a fine of $1.26 million in connection with allegations of improper advertising of cryptocurrency, the U.S. Securities and Exchange Commission (SEC) reported.
The agency accused the reality TV star of violating rights when advertising cryptocurrencies. Based on U.S. law, Kim was required to disclose that she was paid to advertise a cryptocurrency.
Kardashian did not specify that she received $250,000 for its placement. In addition to paying the fine, the photo model is banned from advertising cryptocurrency for three years.
20:10, November 29Louis Vuitton opens world's first furniture boutique in Shanghai
19:37, November 29New James Bond contender is named
18:09, November 29Steven Spielberg misses Gotham Awards because of coronavirus
16:11, November 29New 'Babylon' trailer with Margot Robbie and Brad Pitt appears
14:11, November 29Netflix to shoot another spin-off of 'The Witcher' series
13:30, November 29Kanye West named 'Anti-Semite of the Year'
12:07, November 29Kim Kardashian comments on scandalous Balenciaga ad
10:19, November 29Soul Train Awards winners announced in Las Vegas
17:01, November 28Emily Ratajkowski and Pete Davidson confirm rumors of their romance
16:16, November 28'Captain America' director Albert Pyun dies
12:03, November 28Hugh Jackman tells why he turned down role of James Bond
10:13, November 28Trump slams Kanye West over botched dinner at Mar-a-Lago