Title 2Kim Kardashian agrees to pay $1.3M to SEC for not disclosing paid crypto endorsement

Fill in Kim Kardashian has agreed to pay the Securities and Exchange Commission $1.26 million to settle charges that she promoted a cryptocurrency on Instagram without saying she was paid $250,000.text

Kardashian’s post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase EMAX tokens.

Kardashian's $1.26 million settlement includes $260,000 in disgorgement, prejudgment interest and a $1 million penalty.

The SEC said Kardashian agreed to cooperate with an ongoing investigation, though it didn't provide any details on that investigation.

Her charges issued by the SEC come on the same day of Kardashian's latest business venture: a true-crime podcast, "The System: The Case of Kevin Keith."

Her charges issued by the SEC come on the same day of Kardashian's latest business venture: a true-crime podcast, "The System: The Case of Kevin Keith."

In July 2019, Kardashian tweeted about her interest in the case. Quentin Reeves, who was at the home during the alleged murders, told Mansfield News Journal,