Wednesday, January 12, 2022

Kim Kardashian Sued Over Alleged Cryptocurrency Pump And Dump

Reality TV star Kim Kardashian, who lives in the Los Angeles area, has been sued--along with other celebrities like Floyd Mayweather and Paul Pierce, over her promotion of a cryptocurrency which has been billed as a "pump and dump" scheme. According to reports, Kardashian was paid to promote the cryptocurrency, which earned a large sum for the creators and promoters of the coin, but became worthless when it crashed. The lawsuit seeks class action status.