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GS Partners Accused of Defrauding Crypto Investors in Metaverse Schemes
17.11.2023
Regulators crack down on GS Partners for allegedly fraudulent metaverse crypto offerings. Image by Aliaksandra, Adobe Stock. California, Texas, and several other U.S. states have cracked down on GS Partners, accusing the company of defrauding cryptocurrency investors through various fraudulent...
EMAX investors given third and final chance at celeb promo suit
6.10.2023
The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it
EMAX class action against Kim K and Mayweather is back on, says judge
8.6.2023
While a federal judge dismissed the lawsuit last year, U.S. District Judge Michael Fitzgerald has given the plaintiffs a new chance at pursuing action against the celebrities
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
7.6.2023
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint
Celebs who got burned endorsing crypto and those that got away with it
4.1.2023
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it
The worst influencer and celebrity NFT cash grabs of 2022
4.1.2023
From Donald Trump’s trading cards to Tai Lopez’s peculiar NFT collection, 2022 marked another year of poorly thought-out NFT drops by big names
Judge Dismisses Crypto Lawsuit Against Kim Kardashian
11.12.2022
A class action lawsuit against Kim Kardashian and Floyd Mayweather Jr. over their promotion of crypto token ethereummax has been dismissed. The judge stated that the law “expects investors to act reasonably before basing their bets on the zeitgeist of the moment.” Crypto Lawsuit Against...
Class action against Kim K, Mayweather over EMAX dismissed… for now
8.12.2022
Despite dismissing the case, the judge acknowledged the lawsuit reflects a potentially dangerous trend of fraudulent-like promotional schemes
Taking down crypto influencers is one step that would help to heal the market
27.11.2022
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead
Kim Kardashian and Floyd Mayweather Win Tentative Court Ruling in Ethereummax Lawsuit: Report
9.11.2022
Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. reportedly won a tentative court ruling in a class-action lawsuit involving the Ethereummax token. Investors have accused the celebrities of hyping Ethereummax and pumping the EMAX crypto token. Judge’s Tentative View U.S....
Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
5.10.2022
Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower...
SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax
3.10.2022
On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans...
19 celebrities called out by consumer watchdog group for shilling NFTs
16.8.2022
Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area "rife with deception."
Logan Paul's Latest Stunt: Paying $6 Million For Rare Pikachu Card And Wearing It To WrestleMania
3.4.2022
Internet personality, boxer, and Pokémon investor Logan Paul recently spent $6 million dollars on a very rare Pokémon card and then wore that card during his WrestleMania 38 appearance. Why? Because the internet and speculators have destroyed reality.Read more
Nifty News: Mayweather returns to crypto ring after legal KO... Reef gets NFTs
24.3.2022
Floyd Mayweather’s latest bout with the crypto space will see him enter the Metaverse with a new NFT collection
New Spanish Regulations to Target Crypto Investment Ads
18.1.2022
As part of regulations that are set to become effective in mid-February, crypto-asset investment promoters will be required to inform the Spanish securities watchdog of the contents of any ad that targets over 100,000 people. 10-Day Advance Notice Rule The Spanish government has tasked...
Kim Kardashian, Floyd Mayweather Sued for Inappropriately Promoting Cryptocurrency Token
12.1.2022
Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a class-action lawsuit over their promotion of Ethereummax and the EMAX cryptocurrency token. The celebrities’ “improper promotional activities generated the trading volume needed for all the defendants...
Logan Paul Encased 15 Game Boy Colors In Resin To Make A Pokémon Tabletop And People Are Mad
29.12.2021
You ever do something in your home and think it’s cool, then share it with people online only to get roasted for ruining someone else’s happiness? That’s what’s happening to internet personality Logan Paul, who encased a bunch of beautiful Game Boy Colors in resin to make a Pokémon tabletop.Read...
Kardashian, Mayweather Jr., Lohan Slammed – Star From ‘The O.C.’ Says Celebrities Shilling Crypto Is a ‘Moral Disaster’
9.10.2021
Former teen soap star from the popular television series “The O.C.,” Ben McKenzie, has called out his fellow celebrities for shilling specific cryptocurrency projects. McKenzie calls the trend a “moral disaster” and he’s named a bunch of celebrities that have...
Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey
23.9.2021
A surprisingly large proportion of crypto owners report they would purchase a crypo asset because it is endorsed by a celebrity or influencer