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Kim Kardashian has agreed to pay a $1.26 million fine after federal regulators said she unlawfully promoted a cryptocurrency on Instagram without disclosing the sum she was paid for the promotion, Securities and Exchange Commission officials announced Monday morning.
Federal regulators said the reality TV star failed to disclose she was paid $250,000 to publish an Instagram post about EMAX tokens, a crypto asset offered by EthereumMax.
She shared the post in June last year, asking her millions of followers: “ARE YOU INTO CRYPTO??? THIS IS NOT FINANCIAL ADVICE BUT SHARING WHAT MY FRIENDS JUST TOLD ME ABOUT THE ETHEREUM MAX TOKEN.”
The post included a link to EthereumMax’s website, which had instructions for potential investors to purchase EMAX tokens, the SEC statement said.
In doing so, she violated the anti-touting provision of federal securities law, it said.
Kardashian agreed to pay $1.26 million in penalties, which includes her promotional payment & to cooperate with the commission's investigation “without admitting or denying the SEC’s findings.”
She also agreed to not promote any crypto assets for 3 years, according to officials.
“This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors,” SEC Chair Gary Gensler said. “We encourage investors to consider an investment’s potential risks & opportunities in light of their own financial goals.”
An attorney for Kardashian said the star is “pleased to have resolved this matter with the SEC.”
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Source: NBC News
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Both critically acclaimed and your favorite rapper's favorite rapper, Billy Danze of M.O.P., has just released a stellar new solo album titled "The Listening Session." Produced entirely by TooBusy.
Trust me when I tell you that it should be in all of your playlists.
The thirteen-track project features Method Man, Havoc, DJ Premier, Lil Fame, Daz Dillinger, Cormega, La Boogie and Frontline Live.
"The Listening Session" is available now wherever music is streamed and sold: https://distrokid.com/hyperfollow/billydanzeandtoobusy/the-listening-session-3
Tracklist:
[03:13] 01. Don't Believe Ya
[03:43] 02. Gotham feat. Method Man
[03:02] 03. Cyrus
[02:32] 04. Southern Man
[02:26] 05. Damn feat. La Boogie & Frontline Live
[02:41] 06. WeBusy
[02:39] 07. One to Grow on feat. Havoc
[03:10] 08. Take a Step feat. DJ Premier
[00:32] 09. The Beginning (Interlude) feat. Lil Fame & M.O.P.
[03:09] 10. That Time feat. Lil Fame & M.O.P.
[03:32] 11. Don't Want It
[02:44] 12. Respect Some Shit feat. Daz Dillinger
[03:28] 13. Worship the Ground feat. Cormega
© 2020 WeBusy
Follow Billy Danze: @billdanzemop
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#BillyDanze #TooBusy #TheListeningSession
Follow Me
Video After The Jump
Both critically acclaimed and your favorite rapper's favorite rapper, Billy Danze of M.O.P., has just released a stellar new solo album titled "The Listening Session." Produced entirely by TooBusy.
Trust me when I tell you that it should be in all of your playlists.
The thirteen-track project features Method Man, Havoc, DJ Premier, Lil Fame, Daz Dillinger, Cormega, La Boogie and Frontline Live.
"The Listening Session" is available now wherever music is streamed and sold: https://distrokid.com/hyperfollow/billydanzeandtoobusy/the-listening-session-3
Tracklist:
[03:13] 01. Don't Believe Ya
[03:43] 02. Gotham feat. Method Man
[03:02] 03. Cyrus
[02:32] 04. Southern Man
[02:26] 05. Damn feat. La Boogie & Frontline Live
[02:41] 06. WeBusy
[02:39] 07. One to Grow on feat. Havoc
[03:10] 08. Take a Step feat. DJ Premier
[00:32] 09. The Beginning (Interlude) feat. Lil Fame & M.O.P.
[03:09] 10. That Time feat. Lil Fame & M.O.P.
[03:32] 11. Don't Want It
[02:44] 12. Respect Some Shit feat. Daz Dillinger
[03:28] 13. Worship the Ground feat. Cormega
© 2020 WeBusy
Follow Billy Danze: @billdanzemop
Instagram: https://www.instagram.com/billdanzemop/
Twitter: https://twitter.com/BILLDANZEMOP
Bookings: bookmop@gmail.com
Features: webuildhits@gmail.com
Follow TooBusy @toobusyakabusy
Instagram: https://www.instagram.com/toobusyakabusy/
Follow PaperChaserDotCom @PaperChaserDotCom
Instagram: https://www.instagram.com/paperchaserdotcom/
Twitter: https://twitter.com/PaperChaserBlog
Facebook: https://www.facebook.com/Paperchaserdotcom/
Website: https://www.paperchaserdotcom.com/
Follow Me
Video After The Jump
Both critically acclaimed and your favorite rapper's favorite rapper, Billy Danze of M.O.P., has just released a stellar new solo album titled "The Listening Session." Produced entirely by TooBusy.
Trust me when I tell you that it should be in all of your playlists.
The thirteen-track project features Method Man, Havoc, DJ Premier, Lil Fame, Daz Dillinger, Cormega, La Boogie and Frontline Live.
"The Listening Session" is available now wherever music is streamed and sold: https://distrokid.com/hyperfollow/billydanzeandtoobusy/the-listening-session-3
Tracklist:
[03:13] 01. Don't Believe Ya
[03:43] 02. Gotham feat. Method Man
[03:02] 03. Cyrus
[02:32] 04. Southern Man
[02:26] 05. Damn feat. La Boogie & Frontline Live
[02:41] 06. WeBusy
[02:39] 07. One to Grow on feat. Havoc
[03:10] 08. Take a Step feat. DJ Premier
[00:32] 09. The Beginning (Interlude) feat. Lil Fame & M.O.P.
[03:09] 10. That Time feat. Lil Fame & M.O.P.
[03:32] 11. Don't Want It
[02:44] 12. Respect Some Shit feat. Daz Dillinger
[03:28] 13. Worship the Ground feat. Cormega
© 2020 WeBusy
Follow Billy Danze: @billdanzemop
Instagram: https://www.instagram.com/billdanzemop/
Twitter: https://twitter.com/BILLDANZEMOP
Bookings: bookmop@gmail.com
Features: webuildhits@gmail.com
Follow TooBusy @toobusyakabusy
Instagram: https://www.instagram.com/toobusyakabusy/
Follow PaperChaserDotCom @PaperChaserDotCom
Instagram: https://www.instagram.com/paperchaserdotcom/
Twitter: https://twitter.com/PaperChaserBlog
Facebook: https://www.facebook.com/Paperchaserdotcom/
Website: https://www.paperchaserdotcom.com/
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PurpMan Kash - Can't Ban The PurpMan Artist Name: PurpMan Kash Description: Twitter Booking Info: HitHousebookings1@gmail.com or 727-318-1807 |
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Get some of the best music marketing for independent hiphop on the internet with 'Real Ninja Music Group. RNMG is an independent label in North Carolina that also offers services for artists not on the roster. Hit up our website for mixtape uploads, Blogs to 42 hip-hop sites, facebook promo, spotify marketing & more!
Join The Club (Real Ninjas Only)
Real Ninja Music Group website
Get some of the best music marketing for independent hiphop on the internet with 'Real Ninja Music Group. RNMG is an independent label in North Carolina that also offers services for artists not on the roster. Hit up our website for mixtape uploads, Blogs to 42 hip-hop sites, facebook promo, spotify marketing & more!
Join The Club (Real Ninjas Only)
Real Ninja Music Group website
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