Monday, 25 Nov 2024

Investors sue Kim Kardashian and Floyd Mayweather Jr over crypto scheme

Investors sue Kim Kardashian and Floyd Mayweather Jr over crypto scheme

Investors sue Kim Kardashian and Floyd Mayweather Jr over crypto scheme
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Instead, the lawsuit claims, they were concerned with inflating the value of their own tokens in order to sell them at a profit to investors who ended up holding artificially overvalued assets.

Mayweather Jr is alleged to have promoted EthereumMax at a cryptocurrency conference while Pierce, nicknamed Truth, tweeted that the company had made money for him.

The Guardian has approached Kardashian, Mayweather Jr and Pierce for comment.

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