Kim's whole business is doing paid promotions to her Instagram followers-- typically $250k-$500k per promotion. Turns out that's illegal for securities, unless

Kim's whole business is doing paid promotions to her Instagram followers-- typically $250k-$500k per promotion. Turns out that's illegal for securities, unless you disclose how much you got paid. If she'd added a footnote to her post, she would have been fine-- maybe something like "The brilliant folks at EthereumMax paid me $250k to bring you this message." Such a footnote wouldn't have hurt the ad's effectiveness. There were news articles at the time warning people not to take investment advice from Kim Kardashian[1], but that didn't seem to deter people. [1] https://www.thedailybeast.com/why-is-kim-kardashian-hawking-a-sketchy-new-cryptocurrency https://www.thedailybeast.com/why-is-kim-kardashian-hawking-...