The Securities and Exchange Commission has been following the Kim Kardashians' every move.

The SEC announced Monday morning that Kim Kardashian had agreed to settle the charges and pay a $1.26 million fine. 

"Ethereum Max" is the name of the coin in question. It is an ERC-20 token, which means it is based on the Ethereum blockchain. 

Kim Kardashian mentioned it on her Instagram story in June of last year, in a post that was completely out of character for her. 

Kim and Floyd have both been named in a class action suit filed by shareholders previously this year.

The fine is made up of the initial $250,000 payment, interest, and a $1 million financial penalties. 

Kim is prohibited from boosting digital currencies for 3 years as a part of the contract. Kim K's podcast is available worldwide on the same date as Kim K's crypto fine.

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