IS KARDASHIAN FINE A PUBLICITY STUNT? Are there hidden motives behind the $1.26 million fine to the Securities and Exchange Commission?

 

IS KARDASHIAN FINE A PUBLICITY STUNT?

Are there hidden motives behind the $1.26 million fine to the Securities and Exchange Commission?

The media has been flood with Kardashian   fine scandal -being viewed as public stunt.

 Did Kris Jenner just cunningly coordinated as a PR stunt to direct people to keeping up with the Kardashian or to promote the Kardashian just in time for the Kardashian’ new Hulu show?

 

IS IT A PUBLICITY STUNT OR NOT?  THE KARDASHIAN SISTERS-failing to disclose that she was paid $250,000 for promoting crypto on social media-was this a  Public Relation orchestrated scandal?

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Securities and Exchange Commission (SEC) charged Kardashian the reality TV star with failure to disclose that she was paid $250,000 for promoting crypto on social media.

 Kardashian a major Hollywood celebrity touted a crypto asset, EthereumMax, on Instagram. Kardashian was accused by SEC for violating the anti-touting provision of federal securities laws.

Kardashian has agreed to the order of paying $1.26 million fine without admitting or denying the SEC’s findings.

The fine has been a bone of contention in the past few days as some people believe it’s a publicity stunt, while others believe it’s not.

The controversy were escalated by the fact that most people know that Kardashian are in the process of filming their Hulu show. Most people believe that Kris Jenner herself is the master and genius of creating public stunt to promote and direct the audience to keeping up with the Kardashian a TV reality show.

In support of the Kardashian are viewers who are arguing that Kardashian isn’t the first celebrity to pay an SEC fine. In 2018 boxer Floyd Mayweather Jr. and music producer DJ Khaled each paid fines for pushing cryptos. Mayweather, who had been compensated $300,000, paid a bit more than $600,000 in penalties, while Khaled, who had been paid $50,000, was hit with penalties topping $150,000. Actor Steven Segal paid more than $300,000 in penalties for doing the same thing in 2020.

 Others  also suggests that SE may have targeted Kardashian  since she is a celebrity  in order to send a powerful message to  the public to follow rules and regulations  and also as a  way to remind fellow celebrity promoting crypto currencies or other investment assets to abide by the regulations.

Gary Gensler, Securities and Exchange Commission Chairman got what he wanted, this week, on Monday when the media showcased newsletters from his agency.  Gensler  is believed to have orchestrated  it this way, since he took the  unusual step of announcing  before the markets opened on Monday cheering him out with a video designed to ride the coat over to Kardashian’s Hollywood  celebrity stature.