Uproxx/Shutterstock When the year began, cryptocurrency seemed like it was on the up-and-up. There were even multiple ads with celebrities imploring plebeians to invest. Over the summer, crypto crashed. But that was only the beginning. Earlier this month, FTX, the crypto exchange based in the Bahamas and promoted by Larry David and Tom Brady, collapsed, …
Tag Archives: Crypto
A ‘Confederacy-Themed’ Anti-Woke Superhero Movie Was Allegedly Scammed Out Of $1 Million By A Fake Crypto ‘Billionaire’
Galatia Films/Vimeo The term schadenfreude barely scratches the surface of everything that went wrong the anti-woke, conservative superhero movie, Rebel’s Run. After crowdfunding more than $1 million back in 2019, the “Confederacy-themed” film from far-right blogger “Vox Day” (real name: Theodore Beale) seemed prime to see the light of day. But three years later, the …
Kim Kardashian to pay $1.3 million for pushing crypto ‘scam’
On Monday, the Securities and Exchange Commission announced Kim Kardashian agreed to pay $1.26 million to settle a suit against her for failing to disclose that she was paid to promote a cryptocurrency coin. Under the terms of the settlement, Kardashian also agreed not to promote crypto for three years. Kardashian reportedly didn’t admit or …
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Kim Kardashian Charged $1.26 Million Over Paid Crypto Ad
Kim Kardashian has agreed to pay a fine of over a million dollars for failing to disclose a paid social media advertisement for a cryptocurrency. The Securities and Exchange Commission announced in a press release today that Kardashian was paid $250,000 to share a post to her Instagram account promoting EMAX tokens, sold by EthereumMax. …
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Kim Kardashian Has Been Fined Over $1 Million On Charges Related To Her Crypto Promotion On Instagram
Getty Image If Kim Kardashian ever wants to make a sequel to her Kim Kardashian: Hollywood mobile game, Kim Kardashian: Crypto Criminal has a nice ring to it. The model and law school grad has been fined $1.26 million by the SEC for promoting a cryptocurrency asset without disclosing that she had been paid for …
A congressman is pushing the Treasury Department to let law-abiding crypto users get their money from Tornado Cash
A congressman is calling out the Treasury Department over its decision to ban an Ethereum mixing tool. Rep. Tom Emmer (R-Minn.) published a letter to Treasury Secretary Janet Yellen, saying the sanctions against Ethereum mixer Tornado Cash might go against previous Treasury Department definitions of what constitutes an illegal currency mixer. The Treasury banned Tornado …
‘South Park’ Went To Town On Matt Damon, Gwyneth Paltrow, And Larry David Over Those Disastrous Crypto Ads
South Park Studios/Paramount+ South Park‘s still got it, as The Streaming Wars Part 2 proved by taking aim at all of those celebrities who are taking the cryptocurrency money and running and ignoring the world burning around them. Most prominently, this refers to Matt Damon’s “Fortune Favors The Brave” utterance while pushing crypto in a …
Matt Damon Is Once Again Being Dragged For That Super Bowl Ad After Crypto Prices Plummet And Job Losses Soar
Via Crypto.com/YouTube Matt Damon has starred in a lot of popular (and, for the record, unpopular) movies in his time. But perhaps his most impactful screen work was a commercial. This year’s Super Bowl featured a bizarre ad for Crypto.com, the Singapore crypto exchange, in which the Oscar-winning screenwriter (but not yet Oscar-winning thespian) dared …
Twitter users revel in Bitcoin, crypto crash as evangelists pledge to hold even more
Bitcoin dropped dramatically on Monday, as crypto markets went into a tailspin. Almost $200 billion in value was wiped away. The crash sent Bitcoin, which has soared during the pandemic, back to 2020 levels as it dropped by nearly $3,000 in price. As investors and crypto enthusiasts continued to hold onto their coins, hoping for …
Madison Cawthorn Is In Big Trouble Over Alleged Insider Crypto Trading And An Improper Relationship With A Staffer
Getty Image Madison Cawthorn may have lost re-election, but he’s still got another seven months on the job. That means the eventually ex-Congressman can still get into loads of trouble. And he already has: According to The Hill, the already embattled representative is being investigated over damning allegations that may make his life even worse. …
‘I filmed myself when I get assaulted for NFT crypto art’: Police body-cam footage from Ezra Miller’s Hawaii arrest released
Footage from Ezra Miller’s first arrest in Hawaii for disorderly conduct and harassment back in March was released on Wednesday, revealing the extent of Miller’s interactions with local police. The video, which was published by TMZ, shows an unidentified man (whose identity is blurred) who says that Miller got in his face during a dart …
‘Fortune favors the brave’: Matt Damon’s crypto commercial resurfaces amid currency crash, sparking outrage
When Matt Damon’s Crypto.com commercial premiered in October 2021, it immediately inspired backlash. Now, as cryptocurrency markets face a devastating crash, the actor is attracting a second wave of criticism for endorsing risky financial practices. Damon’s Crypto.com ad consists of an ambiguous one-minute monologue about heroism, culminating in the catchphrase “Fortune favors the brave.” Without …