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Kim Kardashian crypto ad singled out by financial watchdog


Kim Kardashian crypto ad singled out by financial watchdog

September 8, 2021 at 8:38 AM

Kim Kardashian has been criticised for promoting an untested cryptocurrency on Instagram, by the head of the UK's Financial Conduct Authority (FCA).Charles Randell said Ms Kardashian had "asked her 250 million followers to speculate on crypto tokens" by promoting an advert for Ethereum Max.He called it "a speculative digital token created a month before by unknown developers".And he accused influencers of fuelling the "delusions of quick riches".

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