La star de télé-réalité Kim Kardashian et la légende de la boxe Floyd Mayweather Jr. aurait remporté une décision de justice provisoire dans un recours collectif impliquant le jeton Ethereummax. Les investisseurs ont accusé les célébrités de faire la promotion d'Ethereummax et de pomper le jeton crypto EMAX.
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Judge’s Tentative View
NOUS. District Judge Michael Fitzgerald gave his “tentative view” Monday in a class-action lawsuit filed in January against Kim Kardashian and Floyd Mayweather Jr. over their promotion of the Ethereummax token, Bloomberg reported Tuesday. Former NBA star Paul Pierce is also a defendant in the proposed class-action suit.
The lawsuit alleges that the reality television star and ex-boxing champion scammed investors by hyping the Ethereummax token, causing investors to have to buy EMAX at “inflated prices.” The plaintiffs detailed that the token’s price surged 1,370% soon after its launch in May last year but then hit an all-time low in July — “a 98% drop from which it has not been able to recover.”
In Monday’s written order, Judge Fitzgerald explained the lawyers representing the investors are “trying to act like” the U.S. Commission de Sécurité et d'Echanges (SECONDE), the publication conveyed. He added that they “haven’t chosen to view the tokens as a security” and didn’t invoke a standard securities fraud claim in their case. Fitzgerald also noted that the celebrities did not “care to label the tokens as a security for obvious reasons.” The judge said he will issue a final written order later.
Kardashian Recently Settled With SEC
La seconde charged Kardashian on Oct. 3 “for touting on social media a crypto asset security offered and sold by Ethereummax without disclosing the payment she received for the promotion.” The securities regulator detailed at the time:
The SEC’s order finds that Kardashian failed to disclose that she was paid $250,000 to publish a post on her Instagram account about EMAX tokens, the crypto asset security being offered by Ethereummax.
The SEC noted that without admitting or denying its findings, Kardashian “agreed to pay $1.6 million, including approximately $260,000 in disgorgement, which represents her promotional payment, plus prejudgment interest, and a $1,000,000 penalty.” She also agreed “to not promote any crypto asset securities for three years.”
Do you think Kim Kardashian and Floyd Mayweather Jr. should be responsible for the losses suffered by EMAX investors? Faites-nous savoir dans la section commentaires ci-dessous.
Crédits image: Shutterstock, Pixabay, Wiki Commons
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