The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it.
EMAX class action against Kim K and Mayweather is back on, says judge
While a federal judge dismissed the lawsuit last year, U.S. District Judge Michael Fitzgerald has given the plaintiffs a new chance at pursuing action against the celebrities.
Celebs who got burned endorsing crypto and those that got away with it
Screen actors and sports stars copped most of the backlash for 2022’s crypto endorsements, while soccer legends appear to have gotten away with it.
Class action against Kim K, Mayweather over EMAX dismissed… for now
Despite dismissing the case, the judge acknowledged the lawsuit reflects a potentially dangerous trend of fraudulent-like promotional schemes.
Taking down crypto influencers is one step that would help to heal the market
The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead.
Nifty News: Mayweather returns to crypto ring after legal KO… Reef gets NFTs
Floyd Mayweather’s latest bout with the crypto space will see him enter the Metaverse with a new NFT collection.
Almost half of crypto owners turn to celebs like Kim Kardashian for advice: Survey
A surprisingly large proportion of crypto owners report they would purchase a crypo asset because it is endorsed by a celebrity or influencer.
Floyd Mayweather, DJ Khaled Escape Lawsuit Brought By ICO Investors
Floyd Mayweather, DJ Khaled and two employees of the Centra Tech ICO project have been dismissed from an investor lawsuit by a federal judge.
SEC Fines Floyd Mayweather, DJ Khaled for ICO Promotions
Floyd Mayweather and DJ Khaled settled charges with the SEC, which said they promoted ICOs without disclosing payments from token issuers.
SEC Halts Mayweather-Backed ICO Over Alleged Fraud
The U.S. Securities and Exchange Commission has halted the Floyd Mayweather-supported Centra Tech initial coin offering.