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Tesla AI Day, SEC charges Kim Kardashian for unlawfully promoting token, Section 230 & more | E1576
This Week in Startups
The SEC Charges Kim Kardashian for Unlawfully Touting a Crypto Security Token
The SEC said that Kim violated its rules when she posted about a theory of Max's e Max coin without disclosing that she was paid to promote it. Here's SEC chair Gary Gensler on CNBC this morning talking about the charge in actually quite simple terms. We've brought these types of cases over the decades, but even in the last five years with regard to crypto,. It's really important that the public understand if somebody is touting a crypto security token. Are they getting paid and how much are they getting paid?
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