Kardashian is paying the settlement without admitting to or denying the SEC's findings, the agency said.
with the Securities and Exchange Commission amid charges that she unlawfully touted a cryptocurrency without disclosing she was being paid for the promotion.
The fine is linked to a cryptocurrency called EthereumMax, or EMAX, which was pitched to investors as a disruptive new cryptocurrency.
EMAX's price fell 3.3% in Monday morning to the equivalent of 0.000000004246 cents, according to CoinMarketCap.
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