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Kim Kardashian Fined $1.26 Million Over Cryptocurrency Posts on Instagram

Kim Kardashian has hit the headlines after she violated SEC securities laws when she promoted a cryptocurrency on her Instagram Stories.

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She has since been fined $1.26 million.

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Scroll down for all the latest!

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We have all heard of Kim Kardashian…

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The forty-one-year-old has broken the internet with her escapades many times.

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But for those who don’t know her full story, let’s have a little catch up…

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There’s a lot to fill you in on!

First things first, you can’t talk about Kim without discussing the rest of the gang.

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She comes from one of the most famous families in America, so let’s take a closer look…

Starting off with one of the most important figures in the family, Kris Jenner is infamous for her role as ‘momager’ to Kim and her sisters.

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She was the catalyst for the family’s reality show Keeping Up with the Kardashians, which launched them all to a new level of fame.

Kim’s dad was none other than Robert Kardashian, O.J. Simpson’s lawyer in that notorious trial.

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Robert married Kris in 1978, but the pair were divorced by 1991. Sadly, Robert passed away back in 2003 when Kim was just twenty-two years old.

Kris and Robert had 4 kids together.

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Scroll on to learn more about Kim’s eldest siblings…

Kris and Robert’s eldest child together is none other than Kourtney Kardashian.

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The forty-three-year-old is currently married to musician Travis Barker and is the founder of lifestyle brand Poosh.

Then, born in 1980, is the youngest of the Kardashian sisters, Khloé.

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She has starred in a whopping 3 Kardashian spinoff shows!

Then there is the only brother to come out of the Kardashian clan, Rob Jr.

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He is known as being one of the most camera-shy members of the family, but he did compete in the thirteenth season of Dancing with the Stars, and came an impressive second.

As well as the trio of Kardashian sisters, the family extends into the Jenners with the addition of Kendall and Kylie.

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Kris married Bruce Jenner, who transitioned in 2015, taking the name Caitlyn. The pair have 2 daughters together, who are Kim’s step-sisters.

Kendall Jenner is known for modeling career, which has seen her walk runways all over the world.

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The twenty-six-year-old has been on multiple magazine covers, including Allure, LOVE, Harper’s Bazaar and even a range of international Vogue editions.

The other Jenner sister is none other than Kylie, founder of the iconic beauty brand Kylie Cosmetics.

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She has faced controversy over Forbes’ declaration that she was the world’s youngest self-made billionaire back in 2020 when the magazine accused her of foraging tax documents which called her billionaire status into question.

Kim even has 2 step-brothers too, thanks to Caitlyn’s earlier marriage with actress Linda Thompson.

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Scroll on to learn more about them…

The eldest of the 2 brothers is Brandon Jenner.

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Aside from his appearances on various Kardashian shows, the forty-one-year-old is also known for his work in the music industry.

Then there is Brody Jenner, who also appeared in various reality shows.

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The thirty-nine-year-old also occasionally works as a model and a disc jockey.

But that’s enough about her family — since the beginning of their reality show, Kim has proved herself to be a cut above.

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Aside from her success on social media, Kim has followed Kylie into the world of business.

She launched her very own shapewear brand in 2019 called Skims.

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Talking to Nordstrom, Kim spoke of where the inspiration for the brand came from: “Any great outfit starts with what’s underneath. If I don’t feel comfortable in my underwear or if it doesn’t fit properly, I am not going to feel good in it, no matter how I look from the outside.”

The brand focuses on body positivity and inclusivity, with a range of shades and sizes available.

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Since its launch 3 years ago, the brand has seen huge success, with a valuation of $3.2 billion back in January 2022, as per Forbes.

Before this, in June 2017, she also launched KKW Beauty.

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The brand took its name from Kim’s initials at the time — Kim Kardashian West.

However, after just 2 years, Kim announced the brand was shutting down.

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This announcement came back in February of 2021.

Thankfully, Kim relaunched the brand in early 2022 under a new name, SKKN by Kim.

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The relaunch saw the beauty line transformed into an exclusive 9-piece range of skincare items.

According to Glamour Magazine, people think the rebrand was because of her divorce from Kanye West.

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The pair began dating in 2012, but called it quits last year, with Kim filing for divorce in the same month as the KKW rebrand announcement in February 2021.

The pair first met in the early 2000s, but they didn’t become an item until 2012.

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It wasn’t an easy road to their relationship, however…

Kim’s dating history began with music producer Damon Thomas, to who she was married for 3 years.

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She met him when she was just nineteen years old in 2000.

After the split with Thomas, Kim had a relationship with singer and actor Ray J.

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Their involvement with each other has been forever immortalized in that video, which some might say launched Kim’s rise to fame.

Kim was also briefly involved with singer Nick Lachey.

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However, according to E! News, Lachey wouldn’t even call Kim an ex, so take from that what you will.

Then, Kim reportedly dated Nick Cannon for around a year.

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She and the host of The Masked Singer dated back in 2006.

From around 2007, Kim dated running back Reggie Bush.

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Their relationship was fairly on and off, but they eventually called it quits in 2010.

Kim even had an alleged fling with soccer legend Cristiano Ronaldo.

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According to Page Six, the couple had a whirlwind romance back in 2010.

Another sports star that Kim had a brief relationship with is Miles Austin.

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Kim was involved with the football player back in 2010.

Another one of Kim’s ex-beaus is One Tree Hill star Michael Copon.

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According to HuffPost, the pair briefly dated in 2010.

After that, Kim was spotted with Halle Berry’s ex, the Canadian model Gabriel Aubry.

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PEOPLE reported that their relationship only lasted for a short period.

Then, the reality star moved onto something more serious with NBA player Kris Humphries.

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He even proposed to her during an episode of Keeping Up with the Kardashians!

The pair wed in 2011, but unfortunately things didn’t work out.

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They were married for just seventy-two days before Kim filed for a divorce.

And that’s where we come to Kanye, with the couple being first seen in public in April 2012.

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However, it was reported that they were together earlier than this, according to Insider. His hit song ‘Cold’ even references the rumors: “And I’ll admit, I had fell in love with Kim / Around the same time she had fell in love with him.”

From their first outing, things snowballed and soon the couple was seen everywhere.

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Kanye even began to feature on Keeping Up with the Kardashians.

In May 2013, the couple attended their first Met Gala together.

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By then, Kim was 8 months pregnant, and she rocked a floral Givenchy gown.

Their first child, a little girl named North West, was born just a month later in June 2013.

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She gave birth in Cedars-Sinai Hospital in Los Angeles.

Then, in October of the same year on Kim’s thirty-third birthday, Kanye proposed to Kim in the middle of a huge baseball stadium.

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The extravagant proposal included a Jumbotron message, fireworks and even a live orchestra.

In May 2014, the pair tied the knot at a blowout wedding in Italy.

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The Sun reports that the pair told everyone that the wedding would take place in Paris, before flying everyone out to Florence once they arrived.

By 2015, Kim was pregnant again with her and Kanye’s second child.

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Their first son was born in December of that year, and they call him Saint.

The couple went on to have 2 more children via surrogacy.

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As The Independent reports, Kim suffered from preeclampsia during both births, a condition which can potentially be deadly, which is why she turned to surrogacy for the birth of her youngest 2 kids.

Chicago West was born in January 2018 and Psalm West in May 2019.

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The arrival of the 2 little ones completed the Kardashian West family.

However, disaster struck and, in 2021, the news broke that the couple filed for divorce.

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After nearly 7 years together, the pair met the end of the road. TMZ reported that the split was amicable, and they were both committed to co-parenting with each other.

Things begin to change in October of that year, after Kim’s Saturday Night Live debut.

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In the show, she said: “I married the best rapper of all time. Not only that, he’s the richest Black man in America, a talented, legit genius, who gave me four incredible kids. So when I divorced him, you have to know it came down to just one thing: his personality.”

After her SNL appearance, Kim is spotted on multiple outings with comedian Pete Davidson.

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Page Six confirmed that the pair were officially dating in November 2021.

Pete even accompanied Kim to the 2022 Met Gala, where she was seen wearing an iconic dress once worn by Marilyn Monroe.

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Forget about her date, that dress caused enough controversy on its own!

However, the pair split up in August later that year.

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E! News reported that the breakup was due to their demanding schedules and the long-distance.

Last week Kim took over the internet once more…

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Her cover in Interview Magazine was all anyone on Twitter could talk about!

But it turns out that the actual subject matter of the interview was just as juicy.

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As she addressed, once and for all, the subject of her talent — or lack thereof.

“Yeah, people used to say that and I’m like, ‘Do I need to be a f*****g circus animal?’

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“Just because we’re not singing and dancing and acting on the show doesn’t mean that the fame didn’t come from that,” she said.

“But then, I would write that as a hashtag, not bad for a girl with no talent, because people used to be like, ‘Well, what do you do? What’s your talent?’

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“And I’m like, ‘Didn’t know I needed one,’” Kim added.

“I mean, I can give you a million f*****g talents.

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“I can cook well, use my toes for anything. I could tell you the weirdest f****** s*** on the planet,” she said.

Kim then revealed the talent she believes made her a megastar.

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“Marketing, and the business behind selling products and knowing what the customer wants and making it feel attainable, but also a bit unattainable at the same time,” she said.

And it seems her interview isn’t the only thing getting people talking.

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She has recently opened up about her new outlook on her love life.

It seems that her split with Pete was very difficult for the star.

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So much so, it’s going to take her a long time to move on.

But she’s got some new ideals when it comes to searching for the perfect partner.

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During her appearance on Live with Kelly and Ryan, Kim Kardashian explained that it’s going to take time for her to get back on the dating scene.

She said that at the time being she isn’t looking for a partner and the idea of dating apps just isn’t appealing to her.

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However, she did give some information about who she may look for in the future.

Kim admitted she may be interested in doctors, scientists, and attorneys.

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However, she explained that currently, she’s “just not ready.”

And this isn’t the first time she’s addressed her feelings.

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During her appearance on The Late Late Show With James Corden, she admitted: “I just want to chill for a minute. I think I need some time to myself and to focus, finish school, all that.”

On top of that, Kim recently got in trouble over a cryptocurrency post she shared on her Instagram Stories.

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She has been fined $1.26million by the SEC because she didn’t declare to her followers that she was paid $250,000 to promote the cryptocurrency Ethereum Max on Instagram.

“Are you guys into crypto? This is not financial advice but sharing what my friends just told me about the Ethereum Max Token!” Kim wrote in the post.

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“A few minutes ago Ethereum Max burned 400 Trillion Tokens — literally 50% of their admin wallet giving back to the entire E-Max community.”

She did add the hashtag #AD but failed to share that she was paid $250,000.

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In addition to being fined Kim can’t get paid to promote cryptocurrency for 3 years.

In a statement by SEC Chair Gary Gensler on Monday, he said: “Ms. Kardashian’s case also serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities.”

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Gurbir S. Grewal, Director of the SEC’s Division of Enforcement added: “The federal securities laws are clear that any celebrity or other individual who promotes a crypto asset security must disclose the nature, source, and amount of compensation they received in exchange for the promotion.

“Investors are entitled to know whether the publicity of a security is unbiased, and Kardashian failed to disclose this information.”

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What do you think?