• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Report – Featured Bitcoin Information

SB Crypto Guru News by SB Crypto Guru News
November 9, 2022
in Bitcoin
0 0
0
Report – Featured Bitcoin Information


Report – Featured Bitcoin Information

Actuality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. reportedly received a tentative courtroom ruling in a class-action lawsuit involving the Ethereummax token. Traders have accused the celebrities of hyping Ethereummax and pumping the EMAX crypto token.

Choose’s Tentative View

U.S. District Choose Michael Fitzgerald gave his “tentative view” Monday in a class-action lawsuit filed in January in opposition to Kim Kardashian and Floyd Mayweather Jr. over their promotion of the Ethereummax token, Bloomberg reported Tuesday. Former NBA star Paul Pierce can be a defendant within the proposed class-action go well with.

The lawsuit alleges that the truth tv star and ex-boxing champion scammed traders by hyping the Ethereummax token, inflicting traders to have to purchase EMAX at “inflated costs.” The plaintiffs detailed that the token’s value surged 1,370% quickly after its launch in Could final yr however then hit an all-time low in July — “a 98% drop from which it has not been capable of recuperate.”

In Monday’s written order, Choose Fitzgerald defined the legal professionals representing the traders are “making an attempt to behave like” the U.S. Securities and Alternate Fee (SEC), the publication conveyed. He added that they “haven’t chosen to view the tokens as a safety” and didn’t invoke a typical securities fraud declare of their case. Fitzgerald additionally famous that the celebrities didn’t “care to label the tokens as a safety for apparent causes.” The choose stated he’ll subject a remaining written order later.

Kardashian Not too long ago Settled With SEC

The SEC charged Kardashian on Oct. 3 “for touting on social media a crypto asset safety supplied and offered by Ethereummax with out disclosing the fee she obtained for the promotion.” The securities regulator detailed on the time:

The SEC’s order finds that Kardashian didn’t disclose that she was paid $250,000 to publish a submit on her Instagram account about EMAX tokens, the crypto asset safety being supplied by Ethereummax.

The SEC famous that with out admitting or denying its findings, Kardashian “agreed to pay $1.6 million, together with roughly $260,000 in disgorgement, which represents her promotional fee, plus prejudgment curiosity, and a $1,000,000 penalty.” She additionally agreed “to not promote any crypto asset securities for 3 years.”

Tags on this story
Emax, emax tokens, EthereumMax, Floyd Mayweather Jr EMAX tokens, Floyd Mayweather Jr ethereummax, Floyd Mayweather Jr lawsuit, Floyd Mayweather Jr SEC, Floyd Mayweather Jr., Kim Kardashian, Kim Kardashian EMAX tokens, Kim Kardashian EthereumMax, Kim Kardashian lawsuit, Kim Kardashian SEC

Do you suppose Kim Kardashian and Floyd Mayweather Jr. ought to be chargeable for the losses suffered by EMAX traders? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct supply or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, straight or not directly, for any harm or loss brought about or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about on this article.

Extra Widespread Information

In Case You Missed It





Source link

Tags: BitcoinBitcoin NewsCrypto NewsCrypto UpdatesFeaturedLatest News on CryptoNewsReportSB Crypto Guru News
Previous Post

Crypto Newswire Service Chainwire Awarded 9 Excellency Badges by G2 – Blockchain Information, Opinion, TV and Jobs

Next Post

FTT token energetic addresses near 0 for everything of 2022

Next Post
FTT token energetic addresses near 0 for everything of 2022

FTT token energetic addresses near 0 for everything of 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
Chiliz Chain Deep Dive – Why Build on Chiliz Chain? – Moralis Web3

Chiliz Chain Deep Dive – Why Build on Chiliz Chain? – Moralis Web3

September 10, 2024
Token6900 Market Outlook 2025 – How to Buy Token6900 Ahead of Potential Growth

Token6900 Market Outlook 2025 – How to Buy Token6900 Ahead of Potential Growth

0
AI’s POV: Blockchain, Token, and Meme Coin 2030 & Beyond. | by Christian K. Obishai | The Capital | Jul, 2025

AI’s POV: Blockchain, Token, and Meme Coin 2030 & Beyond. | by Christian K. Obishai | The Capital | Jul, 2025

0
Why This RN Left the Hospital to Start Her Own Business

Why This RN Left the Hospital to Start Her Own Business

0
Bitcoin Enters A New Phase As Profit-Taking Metric Picks Up Pace – Here’s What It Is

Bitcoin Enters A New Phase As Profit-Taking Metric Picks Up Pace – Here’s What It Is

0
Floki, SPX, and Bonk Jumped 10% as Meme Coin Hype Returns. Is TOKEN6900 the Next to Move?

Floki, SPX, and Bonk Jumped 10% as Meme Coin Hype Returns. Is TOKEN6900 the Next to Move?

0
ECC Transparency Report for Q4 2024

ECC Transparency Report for Q4 2024

0
Bitcoin Enters A New Phase As Profit-Taking Metric Picks Up Pace – Here’s What It Is

Bitcoin Enters A New Phase As Profit-Taking Metric Picks Up Pace – Here’s What It Is

July 7, 2025
Why This RN Left the Hospital to Start Her Own Business

Why This RN Left the Hospital to Start Her Own Business

July 7, 2025
Token6900 Market Outlook 2025 – How to Buy Token6900 Ahead of Potential Growth

Token6900 Market Outlook 2025 – How to Buy Token6900 Ahead of Potential Growth

July 7, 2025
Floki, SPX, and Bonk Jumped 10% as Meme Coin Hype Returns. Is TOKEN6900 the Next to Move?

Floki, SPX, and Bonk Jumped 10% as Meme Coin Hype Returns. Is TOKEN6900 the Next to Move?

July 7, 2025
ECC Transparency Report for Q4 2024

ECC Transparency Report for Q4 2024

July 7, 2025
XRP Set To Shock The Crypto Market With 30% Share: Analyst

XRP Set To Shock The Crypto Market With 30% Share: Analyst

July 7, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.