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Celebrities are betraying their fans by touting high-risk online investments, watchdogs said yesterday.
Kim Kardashian was singled out for promoting a crypto-currency to her 251million social media followers.
The reality TV star posted an advert for Ethereum Max – a digital ‘token’ similar to Bitcoin – on Instagram on Sunday. She said: ‘Are you guys into crypto??? This is not financial advice but sharing what my friends told me about the Ethereum Max token!’
Miss Kardashian, 40, did not say how much she was paid for the advert but a 2019 court filing revealed she can earn up to £361,000 for a single Instagram post.
Celebrities are betraying their fans by touting high-risk online investments, watchdogs said yesterday. Kim Kardashian was singled out for promoting a crypto-currency to her 251million social media followers
The reality TV star posted an advert for Ethereum Max – a digital ‘token’ similar to Bitcoin – on Instagram on Sunday. She said: ‘Are you guys into crypto??? This is not financial advice but sharing what my friends told me about the Ethereum Max
