A US regulator fined Kim Kardashian for not revealing she was paid to promote a cryptocurrency token on Instagram US reality star Kim Kardashian has been hit with a $1.26 million fine over her failure to disclose she had been paid to promote EMAX cryptocurrency tokens on Instagram, the Securities and Exchange Commission announced on Monday. The agency fined Kardashian for “unlawfully touting” the token in a post she made last year on Instagram, where she has over 331 million followers and is one of the ten most popular users. The Keeping Up With the Kardashians star was paid $250,000 by the token’s creator Ethere
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