SEC Sues Former NBA Star Paul Pierce Over EthereumMax Promos

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In a launch Friday, the SEC mentioned Pierce had been paid $244,000 in EMAX tokens, however didn’t disclose the funds whereas advertising and marketing the venture on Twitter. He additionally allegedly instructed he held a considerable amount of EMAX tokens by screenshots, regardless of his holdings being “a lot decrease” than what he displayed. Pierce pays $1.409 million in penalties and disgorgement.

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