Technology

Kim Kardashian sued in crypto ‘pump and dump’ situation

The defendants “touted” the capability of “investors to make sizeable returns”, it alleges, resulting in an artificial raise in the price of the crypto-currency, “leading to investors to acquire these getting rid of investments at inflated costs” and, in transform, enabling the executive personnel of EthereumMax named in the legal action to “provide their EMax tokens to investors for a profit”.

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