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Cryptoknowmics
2023-02-18 08:04:46

Former NBA Star Paul Pierce to Pay SEC $1.4M for Improperly Promoting Crypto On Social Media

Former NBA Star Paul Pierce to Pay SEC $1.4M for Improperly Promoting Crypto On Social Media

Former Celtics player, Paul Pierce, has agreed to pay a substantial amount of $1.4 million to settle charges of improperly promoting cryptocurrency on social media, as announced by the SEC on Friday. Paul Pierce Charged By SEC for Promoting EMAX Tokens on Twitter The charges were related to Pierce’s promotion of EMAX tokens on Twitter, which the SEC claimed he did without disclosing the payment he received for the promotion and by making false and misleading statements about the product. Pierce was paid over $244,000 for promoting the tokens and allegedly posted an image of a bank account with large The post Former NBA Star Paul Pierce to Pay SEC $1.4M for Improperly Promoting Crypto On Social Media appeared first on Cryptoknowmics-Crypto News and Media Platform .

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