Kim Kardashian to pay $1.26m to settle crypto charges
by Mark Sweney from World news | The Guardian on (#64ANQ)
Reality TV star failed to disclose that she was paid to promote a crypto asset in an Instagram post
Kim Kardashian has paid US regulators more than $1m to settle charges for failing to disclose that she was paid to promote a crypto asset in a post on her Instagram page.
The reality TV star, social media influencer and entrepreneur, who is estimated to be worth $1.8bn (1.6bn), has agreed to pay the Securities & Exchange Commission (SEC) $1.26m to settle the charges.
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