Kim Kardashian was fined $1 million after failing to disclose Instagram crypto promotion
Kim Kardashian found herself in hot waters after the top U.S. financial regulator, the Securities and Exchange Commission (S.E.C), charged her for attempting to sell cryptocurrency on her Instagram account without disclosing that she was paid for the promotion.According to the independent agency of the United States federal government, the reality tv personality and businesswoman agreed to pay a fine of $1 million, even though she kept a neutral position regarding the S.E.C.‘s findings.