A federal judge has dismissed a lawsuit by investors against the founders of a cryptocurrency, and promoters of it, including Kim Kardashian, Floyd Mayweather.
A federal judge has dismissed a lawsuit against the founders of EthereumMAX, a cryptocurrency, and the celebrities that promoted it on social media, including Kim Kardashian and Floyd Mayweather, according to court documents dated Dec. 6.
The... A federal judge has dismissed a lawsuit against the founders of EthereumMAX, a cryptocurrency, and the celebrities that promoted it on social media, including Kim Kardashian and Floyd Mayweather, according to court documents dated Dec. 6. The lawsuit also states that the investors believe the celebrities conspired to artificially inflate the value of crypto.
to buy snake oil with unprecedented ease and reach,” wrote Judge Michael Fitzgerald in the lawsuit. “But, while the law certainly places limits on those advertisers, it also expects investors to act reasonably before basingThe judge ultimately deemed the allegations insufficient.
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