MicroStrategy's exec chairman told the crypto skeptic 👇 'Bitcoin is a commodity, not a security. Advocating a commodity is similar to promoting steel, aluminum, concrete, glass, or granite.'
The fallout from Kim Kardashian's $1.26 million fine after promoting Ethereum Max on Instagram continues.about the penalties — with the reality star now banned from endorsing digital assets on social media for three years — crypto skeptic Peter Schiff tweeted:
His tweet attracted a swift rebuke from none other than Michael Saylor himself, who argued that Bitcoin can't be compared to an altcoin like Ethereum Max. With the value of the crypto markets collapsing over recent months, "Bitcoin, not crypto" has become a common mantra — with BTC maximalists seeking to distance themselves from speculative altcoins that often have little utility.
One law firm managing partner, Andrew M. Lieb, has warned that settlement is unlikely to have much of an impact, and told Newsweek:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC fines Kim Kardashian $1.26 million over Instagram post touting crypto — and yet over one-third of people rate online-investing sources as 'extremely important'SEC fines Kim Kardashian $1.26 million over Instagram post touting crypto. Still, over one-third of people rate online investing advice as ‘extremely important’
Read more »
Kim Kardashian Responds To $1.26M SEC Fine For Cryptocurrency Pitch & Payments – Update(2:15 PM Updated with Kardashian lawyer statement) Kim Kardashian will pay $1.26 million and has agreed not to promote any crypto securities for three years to settle charges with the SEC that she …
Read more »
Podcast: Kim K Just Got Banned from Promoting Crypto on Social Media for Three Years | CoinMarketCapAlso today, Nayib Bukele slams critics of his Bitcoin Law — telling them to stop drinking the elites' Kool-Aid. Listen more here 📻
Read more »
Kim Kardashian Fined $1M for Pushing Crypto on Her Instagram Without Saying She’d Been PaidKim Kardashian has agreed to pay a $1.26 million fine for pushing a dubious cryptocurrency asset to her hundreds of millions of social media followers without disclosing that she’d been paid to do so.
Read more »
Kim Kardashian pays $1.26 million fine for paid crypto ad, SEC saysKim Kardashian has promoted everything from appetite-suppressing lollipops to melon-flavored liqueur to toilet paper, but it was her foray into the murky world of cryptocurrencies that got her into hot water.
Read more »