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Sports Superstars, Kim Kardashian Facing Lawsuit Over Alleged Crypto Fraud

Boxer Floyd Mayweather, reality personality Kim Kardashian and former NBA star Paul Pierce are being accused of participating in a fraudulent cryptocurrency scheme allegedly designed to generate profits off their fame. So reports CBS News.

Kim KardashianA lawsuit filed in California alleges the trio used their notoriety to endorse EMAX, or EthereumMax, and artificially inflate its value ahead of a massive sell-off. The coins were created by Giovanni Perone of Florida and Steve Gentile of Connecticut.

Read the full story from CBS News.

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