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Kim K, Floyd Mayweather and Paul Pierce Catch Lawsuit Over Alleged Cryptocurrency Scam⁠

Kim Kardashian - Floyd Mayweather (Getty)

Kim KardashianFloyd Mayweather, and Paul Pierce are facing a federal lawsuit that alleges they deceived investors in a pump-and-dump cryptocurrency scam.⁠

The lawsuit accuses executives at #EthereumMax of collaborating with the celebs to urge fans to buy the coins. The celebs were reportedly paid in tokens for their endorsement. The cryptocurrency crashed, but not before its creators made a lot of money. ⁠

The lawsuit filed Friday in California claims the EMAX creators inflated the coin’s value before selling off their shares, making large sums of money. At the same time, investors were left with nothing once it crashed. ⁠

“Defendants touted the prospects of the Company and the ability for investors to make significant returns due to the favorable ‘tokenomics’ of the EMAX Tokens,” the lawsuit reads. “In truth, Defendants marketed the EMAX Tokens to investors so that they could sell their portion of the Float for a profit.”⁠

In June, Kardashian promoted EthereumMax in an Instagram post. ⁠

“Are you guys into crypto???? This is not financial advice but sharing what my friends just told me about the Ethereum Max token!”

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Comment by Ignar on January 14, 2022 at 10:38pm

Money system is all smoke and mirrors. Who seh we have to buy and sell? Was it the slaver? Humans are the only living organism, conditioned to believe that a piece of paper with a certain artwork is a store of value. Yes , we can dismantle the economic slavery system, peacefully. The Venus Project on Youtube as well as 3D printed homes videos and Help 2 Heal Playlist can assist. Think logically and decipher the truth people. Best wishes.

Comment by stephen myers on January 14, 2022 at 9:56am

They won''t do jail time, money is God in AmeriKKKa, pay a fine and go free.

Comment by Larson on January 13, 2022 at 10:37pm

I know that it is very useful to gather ehtereum for the next NFT sport games. Here I found interesting article with some sport examples and want to see how it will develop in 2022

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