Kim Kardashian settles SEC crypto charges for $1.26 million

Kim Kardashian
(Image credit: (Photo by Raymond Hall/GC Images))

A celebrity paid promo for social media has gone completely wrong.

Kim Kardashian is being charged by the U.S. Securities & Exchange Commission for "promoting a cryptocurrency without disclosing that she had been paid for the promotion," Axios confirms, adding that she "has agreed to pay $1.26 million as part of a settlement."

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Kelsee Majette, The Week US

Kelsee Majette has worked as a social media editor at The Week since 2022. In 2019, she got her start in local television as a digital producer and fill-in weather reporter at NTV News. Kelsee also co-produced a lifestyle talk show while working in Nebraska and later transitioned to 13News Now as a digital content producer.