The Securities and Exchange Commission charged that she didn't tell them she'd been paid $250,000 to promote a virtual currency on her social media accounts.
The reality TV star andentrepreneur has agreed to cooperate with the SEC.
There are tensions between Puerto Rico and its new residents.
The SEC said that she didn't tell them that she was paid to publish a post about the Emax token.
Instructions for potential investors to purchase Emax token can be found on the website.
They invested when it was fun. They're riding out a crash.
The director of the SEC's division of enforcement said in a prepared statement that the federal securities laws are clear that any celebrity who promotes acryptocurrencies must reveal the nature, source, and amount of compensation they received in exchange for the promotion.
There will be no promotion of anycryptocurrencies for three years.
The Associated Press was unable to reach the reality TV star.
There's a story about cryptocurrencies going to Washington.
While she is well-known for reality TV, she is also a successful businesswoman. She has brands that include shapewear, loungewear and other products.
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