Teletubby 150,178 Posted January 12, 2022 Share Posted January 12, 2022 Kim Kardashian and Floyd Mayweather Jr are being sued for allegedly misleading investors by promoting cryptocurrency tokens as part of an alleged 'pump and dump scam'. A lawsuit, filed in the Los Angeles federal court on January 7, claims Kim and and Floyd - among others, including former NBA player Paul Pierce - touted tokens sold by EthereumMax, or EMAX, in order to boost its price and make themselves a profit 'at the expense of their followers and investors.' Figures show the value of the cryptocurrency plummeted by a whopping 98 per cent in July - just weeks after the stars had advertised it to their hundreds of millions of combined followers. An advert posted by Kim in June reached one in five people in the US alone. The suit was filed by a New York resident who bought EMAX tokens and lost money. source "You b*tch!" ~ Rat Boy Link to post Share on other sites More sharing options...
Chlorine 47,976 Posted January 12, 2022 Share Posted January 12, 2022 2 minutes ago, Teletubby said: Kim Kardashian and Floyd Mayweather Jr are being sued for allegedly misleading investors by promoting cryptocurrency tokens as part of an alleged 'pump and dump scam'. We've all been there am I right? Link to post Share on other sites More sharing options...
bionic 50,107 Posted January 12, 2022 Share Posted January 12, 2022 On the one hand, it sounds like this guy made a bad investment and lost his money. Not really a lawsuit there as Kim's post clearly says this is not financial advice. On the other, I want influencers to be held responsible for endorsing dud products (that most of the time they know nothing about) and getting others to buy into something that is doomed to flop Link to post Share on other sites More sharing options...
NichuuB 43,788 Posted January 12, 2022 Share Posted January 12, 2022 2 minutes ago, Frank Potion said: We've all been there am I right? Property of @Whale Link to post Share on other sites More sharing options...
Kimmo 80,776 Posted January 12, 2022 Share Posted January 12, 2022 Lol tragic…. Hottie Detector Link to post Share on other sites More sharing options...
LaLa 19,663 Posted January 12, 2022 Share Posted January 12, 2022 a crypto SCAM????!?! wow how shocking Link to post Share on other sites More sharing options...
HEARTSTOP 3,143 Posted January 12, 2022 Share Posted January 12, 2022 I wish I had the audacity to scam people. It's so enticing when you can easily see through bullsh*t and can easily identify how gullible people are. If I didn't have a moral compass I'd be rich by now. IDGAF Link to post Share on other sites More sharing options...
JLoveLamar 379 Posted January 12, 2022 Share Posted January 12, 2022 2 hours ago, HEARTSTOP said: If I didn't have a moral compass I'd be rich by now. I say this allll the time Link to post Share on other sites More sharing options...
Dojo 19,365 Posted January 12, 2022 Share Posted January 12, 2022 a new low! Link to post Share on other sites More sharing options...
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