Kim Kardashian’s lawyers have launched a counterclaim to overturn the class action involving Kardashian for allegedly promoting the EthereumMax (EMAX) cryptocurrency.
It was alleged that Kim Kardashian misled investors by promoting EthereumMax in 2021 via social media. Ten people were sued in the class action lawsuit, including Kim Kardashian. Kardashian’s legal team has filed a lawsuit to set aside the class action complaint targeting Kim Kardashian and other American celebrities.
Kim Kardashian Responds to Collective EthereumMax Lawsuit
Kardashian had posted Instagram story posts promoting the EMAX project in June 2021. After the introduction, EthereumMax’s value subsequently dropped significantly and many abandoned it.
In the original court filing, which listed Kardashian, Floyd Mayweather and eight others who allegedly misled investors; It was alleged that company executives collaborated with famous promoters to make misleading statements about the token and their control over the majority of tokens.
Kardashian’s legal team responded to ten allegations against the influencer, defending the dismissal of the class action lawsuit. In the file prepared by Kardashian lawyers, it was stated that the plaintiffs lacked evidence that Kardashian received revenue for her Instagram posts and that the allegations that she was paid in Ethereum (ETH) to promote EMAX were unfounded.
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