Kim Kardashian has won the lawsuit filed against her regarding the cryptocurrency platform EthereumMax.
A California district judge dismissed the motion because the complainant failed to provide sufficient evidence.
Kim Kardashian Wins the Case
TV star Kardashian won the EthereumMax lawsuit against herself and other celebrities. Plaintiffs, Kardashian, boxer Floyd Mayweather Jr. and Paul Pierce, a member of the National Basketball Association Hall of Fame, claimed they suffered losses after receiving support.
The district judge said:
“The Court acknowledges that this action raises legitimate concerns about the ability of celebrities to easily persuade millions of followers to purchase snake oil with unprecedented ease.”
Continuing in his statement, the judge decided to reject the motion as the complainant did not present sufficient evidence.
Kardashian had to pay a $1.26 million fine to the U.S. Securities and Exchange Commission for failing to disclose that she had previously received a $250.00 fee for promoting EthereumMax.
40526
