Jason Gottlieb Quoted in LA Times Regarding Kardashian $1 Million SEC Fine
Jason Gottlieb was quoted in an October 5 Los Angeles Times article entitled “Does Kim Kardashian’s SEC Fine Mark the End of the Crypto-Celebrity Gold Rush?” The article discusses Kardashian’s recent $1.26 million settlement with the SEC after she promoted a cryptocurrency online without disclosing that she was being paid to do so, and the SEC’s message that it will take a stronger regulatory stance against celebrity-endorsed cryptocurrencies.
“The SEC has been pursuing other celebrities for promoting tokens that the SEC believes are securities for a while now,” Jason pointed out. “The new point in the [Kardashian] settlement is that the token in question was labeled to be a security” – although, he added, “There hasn’t been any action against that token finding that it is.”
Read the full Los Angeles Times article here.
Contacts
- Jason P. Gottlieb Partner & Chair, Digital Assets; Chair, White Collar and Regulatory Enforcement
- jgottlieb@morrisoncohen.com
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Our Digital Assets Group represents some of the largest and most significant names in the sector, drawing upon our depth of experience and comprehensive understanding of cryptocurrency, DeFi, DAOs and NFTs.
