Kardashian’s EthereumMax Lawsuit Turns Against SEC Chair

Earlier this week, the U.S. Securities and Exchange Commission (SEC) charged and settle a lawsuit with socialite and billionaire Kim Kardashian for allegedly withholding information about promoting EthereumMax. The influencer received $250,000 as compensation for leading her 330 million Instagram followers to a website whey they might have purchased the cryptocurrency.

The Commission received critics for the case against Kardashian, the socialite agreed to pay $1.4 million as per her settlement and to stop promoting crypto for 3 years. Across mainstream media, the settlement between the parties was called a “slap on the wrist”, while others criticized the SEC’s potential overreach of its oversight.

SEC Insiders Expressed Discomfort With Gensler And EthereumMax Case

According to a report from FOX’s Charles Gasparino, there have been some cr