Kim Kardashian accused of "pump and dump" in cryptocurrency

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Kim has been charged by the US Securities and Exchange Commission (SEC).

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Because of Kardashian's promotion of EthereumMax on her Instagram page.

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It claimed she was compensated with £250,000 (£223,000)

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for promoting the cryptocurrency.

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Her payment for doing so was concealed.

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The fines for Ms. Kardashian will total $1.26 million (£1.12 million).

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She also committed to refrain for three years from endorsing any crypto asset securities.

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thank you

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