Stars challenging court over the EthereumMax case
Celebrities such as Kim Kardashian, Giovanni Perone, Floyd Mayweather, and Anthony Pierce are trying to convince the judge to dismiss the allegations of being involved in the Pump&Dump scheme of the EMAX coin.
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Investor complaints were first filed in December of last year. The SEC accused the stars of not disclosing the compensation they received for promoting the coin, which misled potential buyers.
After lengthy disputes, some stars agreed to pay a fine and return the money received to the government. However, this was not enough for the SEC. And so they initiated an investigation into their involvement in the criminal scheme of pumping the asset.
“It's all about the money,” commented a smiling Floyd on the scandal.
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