4/10/2023 0 Comments Adventure capitalist hackedIn October 2022, Kim Kardashian paid $1.26 million to settle charges over touting the same cryptocurrency, a fairly unknown token that nevertheless splashed out heavily for influencer and celebrity promotion in what appears to be a pump-and-dump scheme. Pierce later made a post claiming that he held more than $2.5 million of EMAX tokens, but the SEC alleged in the lawsuit that "his own personal holdings were in fact far lower" and that Pierce had been provided the screenshot of another person's holdings. The SEC pointed out that although he had been given EMAX tokens prior to the post, they were priced at around $46,000, not nearly the more than $1 million he'd made at ESPN over the previous year. I made more money with this crypto in the past month than I did with y'all in a year. Pierce had made posts on Twitter, including writing shortly after he was fired from ESPN that "ESPN I don't need you. In the second big-name slapdown from the SEC relating to the EthereumMax token, former Celtics player Paul Pierce has agreed to pay a $1.4 million fine to settle charges that he violated anti-touting provisions of federal securities laws.
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