In order to resolve complaints from the Securities and Exchange Commission, Kim Kardashian will pay $1.26 million.
She breached US regulations by advocating a crypto coin without declaring she was compensated for the marketing.
According to the SEC, Kardashian received $250,000 on Monday to write about EMAX tokens on her Instagram account.
As part of the agreement, Kardashian didn't confirm or refute the claims made by the regulator.
wherein she agreed to refrain for three years from promoting any digital assets.
The UK's banking authorities singled out the commercial last year .