Kardashian to Pay for Crypto Gaffe

So Kim Kardashian is always promoting things on Instagram. She is an advertising machine and it’s the chief way she makes her money. It looks like the California-based influencer went a little too far with a crypto coin that she was recently promoting seeing as the Securities and Exchange Commission fined her 1.4 million dollars for a lack of disclosures and her own ownership in the coin. She hasn’t issued any statement about the fine but this has been making the rounds. I wanted to post this video that talks clearly about the situation and how other people who have been promoting various “alt coins” may soon find themselves under the regulatory eye. The government has sought to crack down on the pump-and-dump schemes going on in the crypto world and it appears like they are already being quite successful.