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Kim Kardashian agrees to pay $1.3M fine to SEC

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Kim Kardashian agreed to pay a $1.3 million fine to the Securities and Exchange Commission.

She faced civil charges for promoting a cryptocurrency asset, EthereumMax, on Instagram.

“Kardashian fully cooperated with the SEC from the very beginning and she remains willing to do whatever she can to assist the SEC in this matter," a statement from her attorneys reads.

Read more from CNN Business.

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