Reality TV star Kim Kardashian looks set to win an investor lawsuit against her and other celebrities over their endorsement of cryptocurrency EthereumMax (EMAX), after a judge tentatively dismissed the case on Monday, according to a Bloomberg report.
Along with retired boxer Floyd Mayweather Jr. and NBA Hall of Famer Paul Pierce, Kardashian was accused in a January complaint of hyping EMAX tokens, leading to investors paying higher prices for them.
Kardashian paid $1.26 million to the SEC last month to settle charges relating to her promotion of EMAX, in which she had not disclosed receiving a $250,000 payment for posting promotional for it.
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