Kardashian and Mayweather claim the new lawsuit holds the same theory that was dismissed initially.
The EMAX case gets thrown out, even though Kardashian previously agreed to pay up over $1 million in fines.
The last cycle saw it all – millions drained from DeFi, celebrities pumping and dumping tokens, ecosystems rising and falling.
The token has since dumped almost 50% but is still trading higher than before SEC settlement news broke.
The SEC argues that the reality TV star failed to disclose the $250K payment she received for EMAX promotion.
Her lawyers filed a motion in a California U.S. District Court to try and have the complaint against her dismissed.
Kardashian and Floyd Mayweather are alleged to have added in a "pump and dump" schemed for developers of the EMAX
In the last four months, EthereumMax (EMAX) has lost 97.87% of its value.
Cryptocurrency circles were agog with diverse opinions after Kim Kardashian made a post that could be construed as an advertisement
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