Kim Kardashian , Pays Over $1 Million Fine to SEC , Over Crypto Promo.
NBC reports that Kim Kardashian has agreed
to pay a $1.26 million fine for unlawfully
promoting a cryptocurrency on Instagram.
According to Securities and Exchange Commission officials, Kardashian failed to disclose that she was paid to promote EMAX tokens on Instagram.
According to Securities and Exchange Commission officials, Kardashian failed to disclose that she was paid to promote EMAX tokens on Instagram.
An SEC statement revealed that the reality TV star
failed to disclose the $250,000 she was paid to
promote the crypto asset offered by EthereumMax.
An SEC statement revealed that the reality TV star
failed to disclose the $250,000 she was paid to
promote the crypto asset offered by EthereumMax.
Last June, Kardashian asked her millions of followers: , âARE YOU INTO CRYPTO???
THIS IS NOT FINANCIAL ADVICE BUT SHARING WHAT MY FRIENDS JUST TOLD ME ABOUT THE ETHEREUM MAX TOKEN.â.
Last June, Kardashian asked her millions of followers: , âARE YOU INTO CRYPTO???
THIS IS NOT FINANCIAL ADVICE BUT SHARING WHAT MY FRIENDS JUST TOLD ME ABOUT THE ETHEREUM MAX TOKEN.â.
The Instagram post also included
a link to EthereumMax's website.
According to the SEC, the post
violated the anti-touting provision
of federal securities law.
Kardashian is reportedly cooperating
with the commission's investigation, "without admitting or denying the SEC's findings.".
Kardashian is reportedly cooperating
with the commission's investigation, "without admitting or denying the SEC's findings.".
The SEC said that Kardashian
also agreed not to promote any
crypto assets for the next three years.
This case is a reminder that,
when celebrities or influencers
endorse investment opportunities,
including crypto asset securities,
it doesnât mean that those investment
products are right for all investors, Gary Gensler, SEC Chair, via NBC.
We encourage investors to consider
an investmentâs potential risks
and opportunities in light
of their own financial goals, Gary Gensler, SEC Chair, via NBC
Go behind closed doors as Kim Kardashian joins Vice President Kamala Harris at the White House for a crucial roundtable discussion on criminal justice reform. Witness their collaborative efforts and passionate advocacy for second chances and meaningful change.
#KimKardashian #KamalaHarris #WhiteHouse #WhiteHouseRoundTable #JoeBiden #TheKardashians #VPKamalaHarris #Oneindia
~PR.274~HT.101~HT.98~GR.122~
Kim Kardashian went back to the White House to advocate for criminal justice reform -- only here, it was with Biden's camp ... proving she's loyal to the cause,.. TMZ.com
Kim Kardashian posted a photo with one of Taylor Swift's famous frenemies -- none other than Karlie Kloss, who stopped being good pals with the Swiftster years.. TMZ.com
Kim Kardashian Loses Over 100k Followers , After Taylor Swiftâs Diss Track.
Swift's new song, "thanK you aIMee," was released on 'The Tortured Poets Department: The Anthology.'.
Swifties were quick to point out that the capitalized letters in the song title spell the word "KIM.".
Swifties were quick to point out that the capitalized letters in the song title spell the word "KIM.".
The track "is about a 'bronze, spray-tanned' high school bully," according to 'Page Six.'.
All that time you were throwinâ punches,
I was buildinâ somethinâ / And I canât
forgive the way you made me feel...
Screamed, âF--- you, Aimeeâ to the night
sky as the blood was gushinâ / But I canât
forget the way you made me heal, Taylor Swift, via "thanK you aIMee".
Since the song was released, Kardashian has lost
over 100,000 Instagram followers, 'Page Six' reports. .
She has yet to comment on the development.
The reality star had beef with Swift
while she was married to Kanye West.
Their conflict stemmed from West referring to Swift as "that b****" in his song "Famous.".
Kardashian claimed that Swift gave
West permission to call her that,
but Swift says that's not the truth.
Kardashian claimed that Swift gave
West permission to call her that,
but Swift says that's not the truth.
While both parties appeared to have moved on in recent years, Swift reopened those wounds in a December 2023 interview with 'Time.'.
While both parties appeared to have moved on in recent years, Swift reopened those wounds in a December 2023 interview with 'Time.'.
That took me down psychologically
to a place Iâve never been before.
I pushed away most people in my life
because I didnât trust anyone anymore.
I went down really, really hard, Taylor Swift, via 'Time'
Credit: Wibbitz Top Stories Duration: 01:31Published
Kim Kardashian confirmed that a lot of strange rumors about her are true -- including a ton of quirks and habits that she was happy to cop to ... and honestly,.. TMZ.com
Trumpâs Social Media Company , Sues Co-Founders.
Trump Media & Technology Group filed a
lawsuit against co-founders Wesley Moss and Andrew Litinsky on March 24, ABC News reports.
The suit came two days before shareholders approved a merger that allowed the
company to begin trading on the Nasdaq.
The lawsuit alleges that the two men
"failed spectacularly" to lead the company and made "reckless and wasteful decisions"
that resulted in "significant damage.".
Trump Media wants the co-founders to give up
their shares of the company, among other things. .
TMTG has been forced to file this action
to remedy the harm inflicted upon it by two
faithless fiduciaries and a company they own --
Wesley Moss, Andrew Litinsky, and
[United Atlantic Ventures] -- and to halt their
ongoing attempts to do even more damage, Via lawsuit.
Moss and Litinsky's company,
United Atlantic Ventures, owns 5.5%
of Trump Media, according to the SEC.
That amounts to 7,525,000 shares
which are worth about $388 million.
Donald Trump's stake in the company
is currently valued at over $4 billion.
Since going public last week,
the stock has been very volatile. .
At one time, shares peaked over $79.
On April 1, they plunged by 21%.
Shares recovered slightly on April 2
Credit: Wibbitz Top Stories Duration: 01:30Published
SEC Permitted to Sue Coinbase , for Offering Unregistered Securities.
U.S. District Judge Katherine Polk Failla
has ruled that the Securities and Exchange Commission's (SEC) lawsuit against Coinbase
can proceed, The Verge reports. .
The SEC has sufficiently pleaded
that Coinbase operates as an exchange,
as a broker, and as a clearing agency
under the federal securities laws, , U.S. District Judge Katherine Polk Failla, via ruling.
... and, through its Staking Program,
engages in the unregistered
offer and sale of securities, U.S. District Judge Katherine Polk Failla, via ruling.
The judge rejected arguments that existing laws are inadequate when it comes to crypto. .
The judge rejected arguments that existing laws are inadequate when it comes to crypto. .
The âcryptoâ nomenclature may be
of recent vintage, but the challenged
transactions fall comfortably within the
framework that courts have used to identify
securities for nearly eighty years, U.S. District Judge Katherine Polk Failla, via ruling.
Coinbase chief legal officer Paul Grewal
took to X to respond to the ruling. .
Coinbase chief legal officer Paul Grewal
took to X to respond to the ruling. .
Early motions like ours
against a government agency
are almost always denied. , Paul Grewal, Coinbase chief legal officer, via X.
But clarity is the ultimate
goal and todayâs decision
continues us on that path, Paul Grewal, Coinbase chief legal officer, via X.
Looking ahead, we remain confident
in our legal arguments, we look
forward to proving weâre right, , Paul Grewal, Coinbase chief legal officer, via X.
... we are eager for the opportunity to
take discovery from the SEC for the first
time, and we appreciate the Courtâs
continued consideration of our case. , Paul Grewal, Coinbase chief legal officer, via X
Credit: Wibbitz Top Stories Duration: 01:31Published
SEC's New , Climate Disclosure Rules , Facing Multiple Lawsuits.
'Newsweek' reports that both industry and
environmental groups have legally challenged the
Securities and Exchange Commission over new rules. .
The new rules require some businesses to disclose
information about climate risks, including direct
greenhouse gas emissions and risks from extreme weather.
The SEC rules, which were approved on March 6 by a 3-2 vote,
also require companies to provide investors with context
on how those companies plan on managing those risks.
Some requirements were pared back prior to the rules
being approved. Those rules include reporting on Scope 3
emissions which relate to the company's supply chain.
In response to the new rules, two fossil fuel producing
companies filed lawsuits accusing the SEC of burdening
companies and exposing them to potential litigation.
19 state attorney generals have also
filed lawsuits claiming that the new rules
exceed the SEC's legal authority.
On the other side, environmental groups the Sierra Club
Foundation and Earthjustice announced their own lawsuits
accusing the SEC of watering down rules to protect investors.
Sierra Club has millions of members
and supporters who have investments
in the market. It's really critical that
we have access to information about
climate risks that may be faced
by the kinds of entities that
we would hope to invest in, Andres Restrepo, Sierra Club Senior Attorney, via Newsweek.
'Newsweek' reports that the SEC rules were
meant to take effect in 2026, however, the
legal challenges are likely to result in delays.
The new rules come as the U.S. Supreme Court
has indicated plans to restrict the regulatory
authority of environmental enforcement agencies.
Credit: Wibbitz Top Stories Duration: 01:31Published
Bitcoin Rallies, on Hopes of Renewed Interest , Among Mainstream Investors.
On March 4, the price of Bitcoin broke $65,000,
bringing it closer to returning to an all-time
high reached in November 2021.
NBC reports that the latest rally has been driven
by hopes that the launch of bitcoin exchange-
traded funds will expand bitcoin's pool of buyers. .
In 2024, the cryptocurrency has
gained over 48%, rapidly approaching its
record intra-day all-time high of over $68,000.
In January, Bitcoin ETFs were first approved by
the Securities and Exchange Commission (SEC). .
The SEC said the approval of the ETFs were meant
to make it easier for investors to gain exposure to
Bitcoin without having to actually own the digital coins.
NBC reports that the world of crypto is also banking
on a potential rally following a technical event
known as "halving" scheduled to occur in April.
This event will see the rate of supply for new bitcoin
to decline, which could cause the value of the
cryptocurrency to increase if demand remains unchanged.
Some mainstream investment experts have
still urged caution when it comes to investing
in the controversial cryptocurrency.
With equities, you own a share
of a company that produces goods
or services, and many also pay
dividends. With bonds, you get
a stream of interest payments, Vanguard statement, via NBC.
Commodities are real assets that meet
consumption needs, have inflation-
hedging properties, and can play
a role in certain portfolios, Vanguard statement, via NBC.
While crypto has been classified
as a commodity, itâs an immature
asset class that has little history,
no inherent economic value,
no cash flow, and can create
havoc within a portfolio, Vanguard statement, via NBC
Credit: Wibbitz Top Stories Duration: 01:32Published
Happy Birthday, , Lizzo!.
Melissa Viviane Jefferson
turns 36 years old today.
Here are five
fun facts about
the singer.
1. She started
playing the flute
in fifth grade.
2. Lizzo worked with
Prince for his album,
âPlectrumelectrum.â.
3. Her stage name is inspired by
Jay-Zâs single, âIzzo.â.
4. The first song she would dance to at her wedding is Crime Mobâs âKnuck If You Buck.â.
5. Lizzoâs flute,
Sasha Flute, has its
own Instagram.
Happy Birthday, Lizzo!
Credit: Wibbitz Top Stories Duration: 00:49Published
Tupac Shakurâs Estate Threatens Drake , With Lawsuit Over AI Voice Imitation.
Tupac Shakurâs Estate Threatens Drake , With Lawsuit Over AI Voice Imitation.
Drake has received a cease-and-desist letter from the late rapper's estate for using an AI-generated version of Tupac's voice in his new song, "Taylor Made (Freestyle).".
Drake has received a cease-and-desist letter from the late rapper's estate for using an AI-generated version of Tupac's voice in his new song, "Taylor Made (Freestyle).".
The song, a diss track against Kendrick Lamar, was released via Instagram on April 19.
The song, a diss track against Kendrick Lamar, was released via Instagram on April 19.
On April 24, 'USA TODAY' obtained a letter in which
the estate says it's "deeply dismayed and disappointed
by your unauthorized use of Tupac's voice and personality
in the 'Taylor Made (Freestyle)' record.".
We demand that you immediately cease
and desist from any further publication
and exploitation of the Record, and that
you immediately take ALL NECESSARY
steps to remove it from all platforms
where it is publicly available, Via cease-and-desist letter to Drake.
The letter went on to assert that the
song is "a flagrant violation of Tupac's publicity and the Estate's legal rights.".
The Estate would never have
given its approval for this use, Via cease-and-desist letter to Drake.
The unauthorized, equally dismaying use
of Tupac's voice against Kendrick Lamar,
a good friend to the Estate who has given
nothing but respect to Tupac and his legacy
publicly and privately, compounds the insult, Via cease-and-desist letter to Drake.
The letter also asks Drake to think about
"the harm that unauthorized AI impersonations
can cause to artists, including yourself.".
The letter also asks Drake to think about
"the harm that unauthorized AI impersonations
can cause to artists, including yourself.".
In addition to the estate demanding that the song
be removed from the internet by April 25.
it would like to know "how the sound-alike
was created and the persons or company
that created it, including all recordings
and other data 'scraped' or used."
Credit: Wibbitz Top Stories Duration: 01:31Published
Basketball ain't the only love in Caitlin Clark's life ... the new WNBA star revealed Wednesday she's smitten with her boyfriend too -- droppin' an L-bomb on him.. TMZ.com
No, Devin Booker did NOT shoot his shot with a famous actress in the middle of the playoffs ... but his fans apparently had to make sure for themselves --.. TMZ.com
Shares in Meta, the owner of Facebook, WhatsApp and Instagram, have fallen sharply after the company revealed it had raised its cost forecast for the current.. Sky News
'Law & Order: Organized Crime' is coming back! But it's moving from NBC to Peacock. Sources tell The Hollywood Reporter that Peacock is putting the finishing touches on a deal that would see the series starring Christopher Meloni move from NBC to the streaming service for a fifth season consisting of 10 episodes. Reps for Peacock, NBC, producers Universal Television and executive producer Dick Wolf declined to comment as a deal has yet to officially close.
Credit: The Hollywood Reporter Duration: 01:17Published
Sabrina Impacciatore of 'The White Lotus' and Domhnall Gleeson from 'Star Wars: The Rise of Skywalker' have been cast in the new take on the beloved NBC Steve Carell-led comedy 'The Office.'
Credit: The Hollywood Reporter Duration: 01:08Published
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
The grants will bring solar energy
to over 900,000 households in both
low- and middle-income communities. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
NBC reports that solar power has gained
traction as a clean energy source that could
help reduce U.S. reliance on fossil fuels.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
49 of the new grants will be awarded at
the state level, six more will serve Native American
tribes and another five are multi-state awards.
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
Officials say that the latest environmental
announcements are part of an effort to energize
young voters ahead of his upcoming reelection campaign.
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda.
Credit: Wibbitz Top Stories Duration: 01:31Published
Olympic Break-Dancing , Is Making Its First Appearance , at the Paris Games.
NBC reports that break-dancing will
make its debut as an official Olympic
sport at the upcoming Paris Games.
Also known as breaking, the sport
features headspins, windmills, various
"freeze" moves and will be set to music.
According to the Paris Olympics, the sport is , "characterized by acrobatic movements, stylized
footwork and the key role played by the DJ and
the MC (master of ceremonies) during battles.".
The sport first made an appearance
at the 2018 Youth Olympics
in Buenos Aires, Argentina.
According to NBC Olympics, the event
garnered over one million viewers,
a much wider audience than many other sports.
According to NBC Olympics, the event
garnered over one million viewers,
a much wider audience than many other sports.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
Breaking joins a number of other new sports, including
three that were debuted at the 2020 Tokyo Games: , surfing, skateboarding and sport climbing.
NBC reports that the new sports represent an effort
by the International Olympic Committee (IOC)
to draw in younger viewers and athletes. .
NBC reports that the new sports represent an effort
by the International Olympic Committee (IOC)
to draw in younger viewers and athletes. .
The Paris Olympics breaking competition
will be split into two events on August 9
and 10 at La Concorde Urban Park.
According to the Paris Olympics, the event
will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles.".
According to the Paris Olympics, the event
will see a total of 16 B-boys or 16 B-girls , "go face to face in spectacular solo battles."
Credit: Wibbitz Top Stories Duration: 01:31Published
Carl Erskine, , 1950s Dodgers Pitcher, , Dead at 97.
NBC reports that the baseball legend
died at Community Hospital Anderson in Indiana.
He was one of the last surviving members of the
celebrated Brooklyn teams from the 1950s, having
spent his entire career playing for the Dodgers.
He was one of the last surviving members of the
celebrated Brooklyn teams from the 1950s, having
spent his entire career playing for the Dodgers.
Between 1948 and 1959,
Erskine and the Dodgers took home
five National League pennants.
Between 1948 and 1959,
Erskine and the Dodgers took home
five National League pennants.
The right-handed pitcher had a career record of 122-78 with 981 strikeouts and an ERA of 4.00.
Erskine's best season came in 1953
when he led the National League
with a record of 20-6.
In 1954, Erskine had another
All-Star season, winning 18 games.
Out of his five World Series appearances,
the Dodgers beat the Yankees
in 1955 to win their only championship.
Out of his five World Series appearances,
the Dodgers beat the Yankees
in 1955 to win their only championship.
With Erskine's passing, 88-year-old
Sandy Koufax becomes the lone surviving
Dodgers player from that 1955 World Series team.
With Erskine's passing, 88-year-old
Sandy Koufax becomes the lone surviving
Dodgers player from that 1955 World Series team.
In July of 2023, the Baseball Hall of Fame's
board of directors awarded Erskine with
the Buck O'Neil lifetime achievement award.
In July of 2023, the Baseball Hall of Fame's
board of directors awarded Erskine with
the Buck O'Neil lifetime achievement award.
For millions of fans, he was
a baseball hero. For his family
and thousands of Special Olympians,
Carl was someone who always
believed everything was possible. , Jane Forbes Clark, Baseball Hall of Fame chairman, via NBC.
His legacy is one
of deep compassion
and encouragement
of the human spirit, Jane Forbes Clark, Baseball Hall of Fame chairman, via NBC
Credit: Wibbitz Top Stories Duration: 01:31Published
The Securities and Exchange Commission today announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment..
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