Let’s not defend Kim Kardashian for shilling crypto

Kim Kardashian is the latest celebrity to land in legal trouble for unlawfully promoting a crypto product to her followers without disclosing she had been paid to do so. The reality star settled with the U.S. Securities and Exchange Commission by paying a $1.26 million penalty for promoting a crypto security sold by EthereumMax.
While the action could be a win for the SEC in terms of stricter enforcement of crypto rules (Chairman Gary Gensler is already crowing about it on Twitter), others rushed to Kardashian’s defense (such as in this since-deleted tweet), arguing the action was unfair becau

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