THE HASH: Kim Kardashian Faces SEC Scrutiny Over Crypto Promotion; Coinbase Fixes Technical Problem

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4.7 • 698 Ratings

🗓️ 4 October 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by ZenGo. The most valuable crypto stories for Monday, Oct. 3, 2022. Reality TV star Kim Kardashian has paid $1.26 million to the U.S. Securities and Exchange Commission to settle charges relating to her promotion of the EthereumMax digital token. "The Hash" hosts discuss this plus, Coinbase has fixed a technical problem that caused it to temporarily halt payments and withdrawals involving U.S. bank accounts. See also: Kim Kardashian Pays $1.26M Fine to SEC for Promoting EthereumMax Without Disclosing Reimbursement Crypto Exchange Coinbase Fixes Technical Problem That Temporarily Halted Payments and Withdrawals From US Bank Accounts Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report - This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - ZenGo crypto wallet is an on-chain crypto wallet with no private key vulnerability, leveraging advanced cryptography called MPC. Get started at ZenGo.com/HASH and use code HASH to get $20 back on your first purchase of $200 or more. Terms and conditions apply. See site for details. - I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code HASH20 for 20% off the General Pass. Register now: coindesk.com/ideas See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode is sponsored by Zengo.
0:10.3	This is the hash podcast.
0:12.8	Stay informed with the latest on Bitcoin,
0:15.4	ETH, the Metaverse, Web3, and more with stories that matter to the crypto world.
0:20.2	All on the hash for your ears.
0:23.8	You're listening to the Coin Desk Podcast Network.
0:28.5	Hey there.
0:29.6	Happy Monday.
0:30.7	Happy October.
0:31.8	You are watching The Hash here on Coin Desk TV.
0:35.0	I am Zach Seward.
0:36.0	That's Wendy O.
0:37.1	Will Foxley down there in front of a brick wall,
0:39.8	definitely not looking like he's in a hostage situation. And Jen's a nasty. Now, everyone on
0:46.4	crypto Twitter is talking about Kim Kardashian. Jen, why is that? All right. Well, everyone from TMZ to
0:53.8	the Wall Street Journal is talking about Kim Kardashian this morning.
0:56.7	And it's because she settled with the SEC for promoting Ethereum Max to the tune of $1.26 million.
1:05.9	As part of the settlement, she has agreed not to promote any cryptocurrency for three years. And I think it's
1:12.9	important to note that she did not admit or deny the allegation she has simply settled with the
1:18.9	SEC for touting Ethereum Max. Will, pass it down to you. I was going to do it anyways, but you put
1:27.1	your hand up. So what do you got? Yeah, I got those hot Kardashian takes. Don't you you. I was going to do it anyways, but you put your hand up.
1:27.7	So what do you got?
	...

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