Kim Kardashian is settling a charge for promoting a crypto called Ethereum Max without disclosing that it was an ad. As part of the settlement, she's agreed to pay $1.26 million and not promote any cryptocurrencies for three years. This is foreplay to what will be a much bigger set of fines and investigations around people who are not transparent about their intentions when they go on media to try and pump the value of something.
So many Elon texts. Kara and Scott discuss A-listers’ conversations with Musk, and TikTok’s wins and losses in Europe. Also, Liz Truss’s reversal on tax cuts for the wealthy, and Kim Kardashian’s crypto trouble with the SEC. Then, we’re joined by Friend of Pivot, Gabriel Debenedetti about his new book on the relationship between Joe Biden and Barack Obama.
You can find Gabriel on Twitter at @gdebenedetti, and you can buy The Long Alliance: The Imperfect Union of Joe Biden and Barack Obama here.
You can listen to Kara’s new show, On with Kara Swisher, here.
Send us your questions! Call 855-51-PIVOT or go to nymag.com/pivot.
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