Just because you are the chair of a very boring government organization, doesn’t mean you are not a star f**ker.

When is the last time you heard about the head of the enforcement division getting personally involved in a case just because he wanted to say that he talked to/met the alliterate reality star.

I am convinced that if she had gone to dinner with him, there would have been no fine.

Gary Gensler
U.S. Securities and Exchange Commission

Kim Kardashian

Kim Kardashian Receives Kind Words, $1.26M In Fines For Illegal Crypto Promo From SEC Chair Gary Gensler

Just an average day for the average law student.

“This was really to protect the investing public – when somebody is touting that stock and whether that’s a celebrity or an influencer or the like, and that’s at the core of what this is about.

I want to acknowledge Miss Kardashian cooperating and ongoing cooperation. We really appreciate that.”

— SEC Chair Gary Gensler, in a recent interview with CNBC, concerning Kim Kardashian’s involvement with charges related to unlawfully touting a crypto security.

Kardashian failed to disclose that she was paid $250,000 to publish a post on Instagram about EMAX tokens, the crypto asset security being offered by EthereumMax. Kardashian, who is studying as an apprentice to become a lawyer in California, will pay $1.26 million in fines and associated fees, without admitting or denying the SEC’s findings.

Her lawyer, Michael Rhodes, noted that his client, the reality star turned budding attorney, “wanted to get this matter behind her to avoid a protracted dispute.” He continued, “The agreement she reached with the SEC allows her to do that so that she can move forward with her many different business pursuits.” – Source

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