Trouble is brewing for Kim Kardashian as she has failed to convince a judge about a past lawsuit against her. The ‘Keeping Up With Kardashians‘ star found herself in the middle of a crypto scam lawsuit recently. And although she wanted to dismiss the lawsuit, the United States court has denied the claims.
Today we will take a look at the details of the claims against her and why the court refused to dismiss them. Will Kim Kardashian face major legal issues due to these allegations? Let’s take a look!
Related: Was Kim Kardashian And Kris Humphries’ Marriage Of 72 Days Fake? How Did She Make Money Out Of It?
What Are The Allegations Against Kim Kardashian?
The reality television star is being accused by investors for sharing misleading information on her social media. Kim promoted EthereumMax without giving out details about her financial compensation for the endorsements. She allegedly promoted EMAX tokens for payment at specific nightclubs.
Although Kim Kardashian’s lawyers tried hard to get the lawsuit dismissed, the judge did not agree. As reported by Bloomberg, the judge has said that the investor’s claims are valid. The judge also found Kim Kardashian’s post about the scarcity of EMAX tokens misleading.
US District Judge Michael Fitzgerald said, “there is just a lot that is wrong with this case.” He also noted that the lawyers on the investor’s behalf filled in some blanks in their previous complaint. However, he did give them one more chance to get their statements right.
In Case You Missed: Did Kim Kardashian Cheat On Kanye West With Drake?
What Implications Will The Lawsuit Have For Kim Kardashian?
Since Kim Kardashian’s pleas for dismissal of the case have been denied, she will likely have to face some trouble. The Los Angeles court refused to dismiss the allegations against the reality television star.
The US Securities and Exchange Commission recently revealed that Kim K has agreed to a settlement of $1.26 million. This amount will have to be paid by Kim Kardashian because she did not disclose that she received $250,000 for making the EMAX tokens posted on Instagram.
Although Kim Kardashian’s allegations were not dismissed, legendary boxer Floyd Mayweather Jr got the allegations made against him dismissed. The judge found his statements to be harmless.
You Might Also Like To Read: “Drop Dead Fred”: Kim Kardashian Is Dating A Mystery Man After Breaking Up With Pete Davidson
