This past Monday, mega celebrity and influencer Kim Kardashian agreed to pay USD $1.26 million to the US Securities and Exchange Commission.
She agreed to do that in order to settle charges that she had illicitly endorsed a crypto-currency token on social media.
Today, we take a look at what exactly was the reason she chose to pay such huge fine, along with talking about EMAX, or,EthereumMax, the crypto-currency token, in question.
Oprah rang in her 69th birthday with some of the most famous women in Hollywood -- including Jennifer Lopez, Sharon Stone, Priyanka Chopra ... and Kim.. TMZ.com
Kim Kardashian's daughter North West is headin' to the big screen ... breaking into the acting game in the same flick her mom's also got a part in. The.. TMZ.com
Paris Hilton , Has First Baby.
CNN reports that Hilton took to Instagram on Jan. 24 to announce that she and her husband, Carter Reum, have welcomed their first child together. .
Speaking with 'People,' Hilton shared
how special motherhood is for her. .
It’s always been my dream to be a mother and I’m so happy that Carter and I found each other. , Paris Hilton, via 'People'.
We are so excited to start our family together and our hearts are exploding with love for our baby boy, Paris Hilton, via 'People'.
Hilton also spoke about her IVF journey. .
We knew we wanted to start
a family. And I was like,
‘This is perfect timing.' , Paris Hilton, via 'People'.
'Usually I’m on a plane 250 days out of the year, and let’s just get all of the eggs stocked and ready,' and we have tons of them just waiting, Paris Hilton, via 'People'.
Hilton hasn't shared whether the
baby was born via a surrogate.
Celebrities such as Kim Kardashian,
Chrissy Teigen, Heidi Klum and more took
to social media to congratulate Hilton.
Celebrities such as Kim Kardashian,
Chrissy Teigen, Heidi Klum and more took
to social media to congratulate Hilton.
Celebrities such as Kim Kardashian,
Chrissy Teigen, Heidi Klum and more took
to social media to congratulate Hilton.
Celebrities such as Kim Kardashian,
Chrissy Teigen, Heidi Klum and more took
to social media to congratulate Hilton
Credit: Wibbitz Top Stories Duration: 01:30Published
Kim Kardashian has been granted a temporary restraining order against a man who has allegedly come to her house multiple times, calls her his "wife" and even.. TMZ.com
Kanye West Secretly Marries , Yeezy Architectural Designer.
Kanye West Secretly Marries , Yeezy Architectural Designer.
TMZ reports that the
mystery blonde West
has been spotted with
recently is actually his
new wife, Bianca Censori.
Censori is Australian and has worked as a Yeezy architectural designer for many years.
She was previously a brunette and bears a striking resemblance to West's ex, Kim Kardashian.
Sources tell TMZ that while the couple had a
private ceremony and Ye has been spotted wearing a
wedding ring, they have yet to file a marriage certificate.
Last month, Ye released a new song called
"Censori Overload," an apparent tribute to his new bride.
Censori was also spotted at a
Balenciaga show in May.
Their relationship comes on the heels of West's divorce from Kim Kardashian.
The pair were married for seven years and have four children together. .
Kardashian posted a series of cryptic quotes to her
Instagram stories after West's new marriage was revealed.
I'm really in my quiet girl era, I don't have much to say. Just much to do, Kim Kardashian, via Instagram Stories.
Just remember, the black sheep usually turns into a goat. Keep doing you, Kim Kardashian, via Instagram Stories
Credit: Wibbitz Top Stories Duration: 01:30Published
Bed Bath & Beyond Defaults on Credit Line, , Says It Can’t Pay Debts.
CNN reports that in a regulatory filing on
Jan. 26, the struggling retailer said it received a default notice from JPMorgan Chase. .
Shortly after, Bed Bath & Beyond
shares plunged over 20%.
The SEC says that the company
defaulted "on or around" Jan. 13.
Creditors are now seeking immediate payment, which may force Bed Bath & Beyond to file for Chapter 11 bankruptcy.
In its SEC filing, Bed Bath & Beyond
said it was not able to pay its debts. .
... At this time, the Company does not have sufficient resources to repay the amounts under the Credit Facilities and this will lead the Company to consider all strategic alternatives, including restructuring its debt under
the U.S. Bankruptcy Code, Bed Bath & Beyond, via SEC filing.
In addition to cutting costs and reducing capital expenditures, the retailer is
closing stores and distribution centers.
CNN reports that as of February 2022, the company had 950 stores and 32,000 employees. .
Bed Bath & Beyond was hit hard by the pandemic, losing 17% of sales in
2020 and 14% of sales in 2021.
CNN reports that the company, founded in 1971, also struggled to transition to online shopping and remain competitive.
Credit: Wibbitz Top Stories Duration: 01:30Published
FTX Founder Sam Bankman-Fried , Agrees To Be Extradited to US.
Last week, Bankman-Fried was arrested in the Bahamas
after being indicted on eight counts of fraud and
conspiracy by federal prosecutors in New York.
Last week, Bankman-Fried was arrested in the Bahamas
after being indicted on eight counts of fraud and
conspiracy by federal prosecutors in New York.
ABC News reports that at a hearing in the Bahamas
on Dec. 19, Bankman-Fried ended up waiving his right
to challenge extradition to the U.S. for prosecution.
A U.S. government plane will
soon fly him back to America for trial.
The former FTX CEO also faces civil lawsuits filed by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). .
According to Gretchen Lowe of the CFTC, customers lost over $8 billion because of Bankman-Fried. .
ABC News reports that many cryptotraders are afraid they'll never get their money back.
FTX's new CEO, John Ray, told House members last week that FTX's conduct under Bankman-Fried was similar to "old-fashioned embezzlement.".
I've never seen an utter lack of record keeping. Absolutely
no internal controls, John Ray, FTX CEO, via statement.
In November, Bankman-Fried said he
didn't know "there was any improper use of customer funds" while speaking with ABC News' George Stephanopoulos. .
In November, Bankman-Fried said he
didn't know "there was any improper use of customer funds" while speaking with ABC News' George Stephanopoulos. .
I really deeply wish that I had taken like a lot more responsibility for understanding what the details were
of what was going on there. A lot of people got hurt, and that's on me, Sam Bankman-Fried, via interview with George Stephanopoulos
Credit: Wibbitz Top Stories Duration: 01:30Published
Sam Bankman-Fried, Former FTX CEO, , Arrested in Bahamas.
CBS News reports that the Office of the Attorney General of the Bahamas confirmed Bankman-Fried's arrest on Dec. 12.
His arrest "followed receipt of formal notification from
the United States that it has filed criminal charges
against SBF and is likely to request his extradition.".
According to the U.S. Attorney's Office for the Southern District of New York (SDNY), the arrest
was carried out based on a sealed indictment. .
Following news of Bankman-Fried's arrest, the
Securities and Exchange Commission (SEC) said it had , "authorized separate charges relating to [Bankman-Fried's] violations of securities laws
to be filed publicly tomorrow in SDNY.".
The SEC alleges that the former CEO used customer funds for "fraudulent" purposes such as real estate transactions and political donations.
CBS News reports that Bankman-Fried has since been taken off the witness list for the House hearing on Dec. 13 regarding FTX's collapse.
He will instead
appear in court in the
Bahamas on that day.
Prior to its collapse, FTX was one of the biggest cryptocurrency exchanges in the world. .
New CEO John Ray III has been
tasked with salvaging the company.
Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here, John Ray III, FTX CEO, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
An Air India Express flight made an emergency landing after one of its engines caught fire after takeoff. All passengers were safe said DGCA.
#AirIndiaExpress #AbuDhabi #DGCA
Russian President Putin evoked Stalingrad in order to garner support for the war against Ukraine and said that attacking Ukraine is like attacking Nazi Germany.
#Putin #Ukraine #Stalingrad
A Chinese spy balloon has been spotted over the skies in the US says Pentagon. The balloon could be surveilling highly sensitive nuclear weapons sites.
#Chinesespyballoon #USA #Pentagon
US police face scrutiny after killing double amputee; Pakistan mosque blast: Bomber used police uniform as disguise
; Israel launches air raids on Gaza after rocket fire
; US, S. Korea Hold Air Drills as N. Korea Warns of 'All-out Showdown
#USPolice #California #RacialAttack
The IMF has rejected Pakistan’s revised Circular Debt Management Plan and has asked the country to increase electric traffic.
#Pakistan #IMF #PakistanBailout
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..
This week's The Crypto Mile Weekly Update sees impressive rallies from the XRP and Quant cryptocurrencies. Ripple has seen a renewed interest from traders after improving its chances in its lawsuit..
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..
Credit: Wibbitz Top Stories Duration: 01:30Published
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