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Detail

Kim Kardashian Sued for Shilling Sh*tcoin EthereumMax

Reality TV star Kim Kardashian and boxing pro Floyd Mayweather Jr. are co-defendants in a class action complaint filed in Los Angeles federal court. The case –...
Kim Kardashian Sued for Shilling Sh*tcoin EthereumMax Kim Kardashian Sued for Shilling Sh*tcoin EthereumMax

Reality TV star Kim Kardashian and boxing pro Floyd Mayweather Jr. are co-defendants in a class action complaint filed in Los Angeles federal court. The case – Huegerich v. Gentile, 22-cv-00163, U.S. District Court, Central District of California (Los Angeles) – alleges that the pair duped investors by promoting a dodgy cryptocurrency called EthereumMax (EMAX).

Specifically, Kardashian posted this message to her 230+ million Instagram followers last summer.

“Are you guys into crypto??? This is not financial advice but sharing what my friends told me about the ethereum max token!” the post read. She again added different hashtags, including #ad, which is required to reveal that her post is paid for, along with #emax and #disrupthistory.”

Ever since that post in June 2021, EMAX has tanked spectacularly. According to CoinMarketCap data, EMAX – which is not connected in any way with Ethererum – originally launched with two quadrillion tokens and is currently ranked 4,519 out of all cryptocurrencies. Its price per token at the time of writing is $0.00000002213 — and prices have fallen by 97% since it’s all-time high of $0.00000092 at the end of May 2020. Claimants allege that Kardashian compelled them to buy at inflated prices prior to the precipitous drop.

Kardashian clearly stated in the post that it was not financial advice, and it had no direct call to action other than “Swipe Up.” She also informed her Instagram feed that the EMAX message was a paid advertisement using the notation – #Ad.

Regardless, those precautionary steps didn’t protect her from being named in the lawsuit, which describes EMAX as a “speculative digital token created by a mysterious group of cryptocurrency developers” – those developers are named in the complaint as well.

The court filing cites violations of California consumer-protection laws and seeks restitution for “the difference between the purchase price of the EMAX Tokens and the price those EMAX Tokens sold for,” there have been no public statements about the litigation from either Kardashian or Mayweather.

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27-01-2022 02:52:37 (UTC+7)

EUR/USD

1.1206

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EUR/USD

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 EUR/USD1.1206↑ Sell
 GBP/USD1.3421↑ Sell
 USD/JPY114.77↑ Buy
 AUD/USD0.7071↑ Sell
 USD/CAD1.2717↑ Buy
 EUR/JPY128.61↑ Sell
 EUR/CHF1.0379↑ Sell
 Gold1,810.00↑ Sell
 Silver23.150↑ Sell
 Copper4.4320↑ Sell
 Crude Oil WTI87.09↑ Buy
 Brent Oil88.52↑ Buy
 Natural Gas4.069↑ Sell
 US Coffee C238.13↑ Sell
 Euro Stoxx 504,164.60Neutral
 S&P 5004,349.93↑ Buy
 DAX15,459.39↑ Buy
 FTSE 1007,469.78↑ Sell
 Hang Seng23,729.00Buy
 Small Cap 20001,971.72Neutral
 IBEX 358,620.20↑ Sell
 BASF67.310↑ Buy
 Bayer51.55↑ Buy
 Allianz224.80↑ Sell
 Adidas243.20↑ Sell
 Lufthansa7.067↑ Sell
 Siemens AG141.24Neutral
 Deutsche Bank AG11.420↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,195/ 6,235
(5/ -5) # 1,267
SJC HCM6,185/ 6,245
(5/ 0) # 1,274
SJC Hanoi6,185/ 6,247
(5/ 0) # 1,276
SJC Danang6,185/ 6,247
(5/ 0) # 1,276
SJC Nhatrang6,185/ 6,247
(5/ 0) # 1,276
SJC Cantho6,185/ 6,247
(5/ 0) # 1,276
Cập nhật 27-01-2022 02:52:39
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ↀ Giá vàng thế giới
$1,811.09-11.06-0.61%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2486025350
RON 95-II,III
E5 RON 92-II2359024060
DO 0.05S1890019270
DO 0,001S-V1925019630
Dầu hỏa1779018140
ↂ Giá dầu thô thế giới
WTI$87.04-0.16-0.18%
Brent$89.69-0.09-0.10%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.470,0022.780,00
EUR24.775,4326.164,36
GBP29.663,4530.930,27
JPY191,46202,68
KRW16,2819,84
Cập nhật lúc 14:49:43 27/01/2022
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