Paul Pierce News
17.02 / 21:05
regulation
Sport
SEC
crimes
Sec Chair
Warning
SEC chair issues warning to celebrities promoting crypto amid latest enforcement action
The United States Securities and Exchange Commission, or SEC, has announced a $1.4-million settlement with former NBA player Paul Pierce for allegedly promoting a token project on social media.
06.10 / 05:47
regulation
Scams
Court
Pump and Dump
EMAX investors given third and final chance at celeb promo suit
The plaintiffs of the EthereumMax (EMAX) investor class action lawsuit have been given a final chance to amend their claims against the celebrities they accuse of promoting the now-defunct cryptocurrency.
24.08 / 16:11
business
SEC
Analysis
Opinion
exchanges
Opinion: Bitget acted ethically on crypto influencer’s account
Love or hate them, influencers are as inseparable from crypto as blockchain itself. While it’s hard to imagine a crypto space without social media influencers, they sometimes act unethically by promoting dubious tokens and profiteering at the expense of ordinary investors. Such practices are a matter of concern — not only to the crypto community members who trust them but also to regulators.
08.06 / 06:03
business
Law
regulation
Court
Pump and Dump
class action
EMAX class action against Kim K and Mayweather is back on, says judge
Celebrity defendants Kim Kardashian and Floyd Mayweather are back on the hook for a class action lawsuit that alleges their improper promotion of the now-defunct crypto token EthereumMax (EMAX).
31.05 / 05:03
regulation
Altcoin
memecoin
Lawyers
Could Ben.eth’s PSYOP tokens face legal scrutiny? It depends, say lawyers
Ben.eth, the pseudo-anonymous memecoin creator behind at least three controversial token launches in recent weeks could fall under the crosshair of United States regulators, crypto lawyers suggest.
18.02 / 15:47
regulation
SEC
NBA Star Paul Pierce to Pay $1.4M in Penalties for Promoting EthereumMax
The U.S. Securities and Exchange Commission has charged former NBA player Paul Pierce with violating anti-fraud and anti-touting rules by promoting the EthereumMax cryptocurrency. Pierce has agreed to settle the charges and pay $1.409 million in penalties.
18.02 / 14:29
cryptocurrency
SEC
NBA
Fine
NBA star to pay $1.4 million-fine for 'misleading' crypto promotion
Former Boston Celtics star Paul Pierce was ordered to pay more than $1.4 million in penalties after being charged with making false and misleading statements about crypto securities he was paid to promote, US regulators said Friday.
17.02 / 20:49
UPS
Twitter
SEC
Action
Sec Charges
US SEC charges former NBA player for promoting crypto asset
The United States Securities and Exchanges Commission continues to take action against celebrities promoting crypto-projects. In its latest move, the SEC has laid charges against former NBA player – Paul Pierce. The NBA Hall of Famer was pulled up for his role in promoting EMAX tokens, sold by EthereumMax. The commission has also labeled the token as a security.
17.02 / 20:35
Twitter
SEC
CEO
Action
Gemini
Kraken
Former Boston Celtics star Paul Pierce settles with SEC over crypto violations
NBA Hall of Famer Paul Pierce, who won a championship with the Boston Celtics, agreed to settle with the Securities and Exchange Commission for $1.4 million over allegations that he unlawfully touted crypto securities, the regulator announced on Friday.
08.12 / 06:39
business
Adoption
Court
class action
Class action against Kim K, Mayweather over EMAX dismissed… for now
A federal judge in California has dismissed a class action lawsuit against reality TV star Kim Kardashian, boxing champ Floyd Mayweather and the founders of EthereumMax, explaining that the submissions failed to meet the “heightened pleading standards” for fraud claims.
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