Welcome to the Tech Meam bride Home for Monday, October 3rd, 2022. I'm Brian McCullough today.

Kim Kardashian has settled with the SEC over crypto promotion on social media.

I continue to wonder if, aside from Tik-Tok, the biggest threat to Zuckerberg's

Metaverse plans is actually Sony.

The Supreme Court is going to hear cases that would pierce the veil of

Section 230 and the other social media law from Texas that Silicon Valley is

fighting tooth and nail. Here's what you missed today in the world of tech.

Kim Kardashian has agreed to a settlement with the SEC for 1.26 million dollars after not reporting a $250,000 payment to promote

Ethereum Max on Instagram and as part of the agreement she won't be allowed to

promote crypto for three years quoting

cambic. This case is a reminder that when celebrities or influencers endorse

investment opportunities including crypto asset securities it doesn't mean that those investment products

are right for all investors. Gary Gensler, Chairman of the SEC said in a news release,

Kardashian has already felt regulatory heat over her ethereal max promo which she

posted on Instagram in June of last year. She started the post by asking her millions of

followers, are you into crypto? This is not financial advice but sharing what my friends just told me about the

Ethereum Max token end quote. Investors sued her, former NBA star Paul Pierce,

and Superstar Boxer Floyd Mayweather Jr.

earlier this year over the promos for Etheria Max, accusing them of artificially inflating the value of the asset.

The SEC on Monday said Kardashian failed to report that she was paid $250,000 to publish a post about

EMAX tokens, a crypto asset offered by Ethereum Max.

The post which featured the hashtag ad included a link to the

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