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.
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
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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 Swift’s 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 throwin’ punches,
I was buildin’ somethin’ / And I can’t
forgive the way you made me feel...
Screamed, ‘F--- you, Aimee’ to the night
sky as the blood was gushin’ / But I can’t
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 I’ve never been before.
I pushed away most people in my life
because I didn’t 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
Trump’s 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 ‘crypto’ 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 today’s 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 we’re 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 Court’s
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, it’s 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
Tragedy strikes as an Indian-origin man is fatally shot by US police in San Antonio, Texas. The man, wanted for assaulting his roommate, faces a fatal encounter with law enforcement. Join us as we delve into the details of this heartbreaking incident and the questions surrounding the use of force by police.
#IndianOriginMan #USNews #IndianAmericans #IndiaUSTies #IndiaUSRelations #USPolice #USPolice #SanAntonio #EncounterinUSA #Oneindia
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BJP National Spokesperson Shehzad Poonawalla delivers a fiery message after casting his vote in the Lok Sabha elections, criticizing the Congress party's alleged corruption and divisive politics. Tune in to hear his warning to voters and the implications for India's political landscape.
#LokSabhaElections #LokSabhaElections2024 #Elections2024 #LokSabhaElectionsPhase1Voting #ShehzadPoonawalla #GautamBudhNagar #Oneindia
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As China strengthens trade and military ties with Russia amidst Western sanctions, NATO issues a stern warning, urging Beijing to halt its support for Russia's actions in Ukraine if it desires positive relations with the West. Explore the implications of this diplomatic standoff and the escalating tensions in this crucial geopolitical landscape.
#RussiaUkraineWar #RussiaChinaRelations #ChinaRussia #RussianStrikes #UkrainianStrikes #RussiaAttacksUkraine #UkraineAttacksRussia #FrontlineRegions #Oneindia
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Intense clashes between Russian and Ukrainian forces result in tragedy as at least 10 people are killed in frontline regions. With Russian forces intensifying their offensive in the eastern Donetsk region ahead of May 9th, tensions escalate amidst commemorations of World War II. Stay informed on the latest developments in this volatile situation.
#RussiaUkraineWar #RussianStrikes #UkrainianStrikes #RussiaAttacksUkraine #UkraineAttacksRussia #FrontlineRegions #Oneindia
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The Lok Sabha election's second phase commenced on April 26 across 89 constituencies in 13 states and Union territories. Polling starts at 7 am and ends at 5 pm. BJP Leader Tejasvi Surya, who has been re-appointed as BJP Candidate from Bengaluru South Expresses Confidence in his victory and believes Bengaluru Voters will turn out in large to vote.
#LokSabhaElections #LokSabhaelectiosn2024 #LokSabhanews #SecondPhaselive #SecondPhaseVoting #LokSabhaupdates #LokSabhaLive #Politics #PMModi #RahulGandhi #Congress #BJP #NDA #INDIAalliance #Oneinda #Oneindia news
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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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