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2 mentions found


☆ RFK Jr. touted bitcoin, but said he wasn't an investor. Financial records show otherwise
  + stars: | 2023-07-07 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +6 min
Robert F. Kennedy Jr., son of former US Senator Robert F. Kennedy, speaks during the Bitcoin 2023 conference in Miami Beach, Florida, US, on Friday, May 19, 2023. Since the conference, Kennedy has continued to tout bitcoin. Kennedy said at the Miami bitcoin conference that if he were to become president he would "make sure that your right to hold and use bitcoin is inviolable." Kennedy, 69, is the son of former Attorney General Robert F. Kennedy and the nephew of former President John F. Kennedy, both of whom were assassinated in the 1960s. In May, days before he took the stage the Miami bitcoin conference, Kennedy tweeted: "Cryptocurrencies, led by bitcoin, along with other crypto technologies are a major innovation engine.
Persons: Robert F, Kennedy Jr, Kennedy, Virginia Canter, Cheryl Hines, Canter, Hines, I'm, Gamble, Mr, Joe Biden's, Gary Gensler, headwinds, Biden, John F, Kennedy's, Jack Dorsey, David Sacks, Chamath, Omeed Malik, bitcoin Organizations: Democratic, CNBC, Procter, Miami bitcoin, Securities, Exchange, SEC, Biden, Quinnipiac, Children's Health Defense, CHD, U.S Locations: Miami Beach , Florida, Miami, bitcoin, Washington, cryptocurrencies, U.S
☆ Federal judge dismisses crypto scam lawsuit against Kim Kardashian, Floyd Mayweather Jr.
  + stars: | 2022-12-07 | by ( Rebecca Picciotto | ) www.cnbc.com   time to read: +4 min
A federal judge on Wednesday dismissed a proposed class action lawsuit by investors against the founders of the cryptocurrency EthereumMax, as well as celebrity endorsers including Kim Kardashian and boxer Floyd Mayweather Jr. over their promotion of the cryptocurrency on social media. Investors who bought EMAX tokens alleged they had suffered losses after taking the word of the celebrity influencers about the value of the crypto. The suit claims the defendants engaged in a conspiracy to artificially inflate the value of the EMAX tokens. "We're pleased with the court's well-reasoned decision on the case," Michael Rhodes, a lawyer for Kardashian, told CNBC. Fitzgerald in his ruling Wednesday said the EthereumMax lawsuit reflects a broader conflict surrounding celebrity and influencer promotional schemes.
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