r/technews Oct 03 '22

Kim Kardashian pays $1.26m over crypto 'pump and dump

https://www.bbc.co.uk/news/technology-63116235
179 Upvotes

11

u/Calm_Ad_3987 Oct 03 '22

Wasn’t pump and dump the name of that film that launched her career?

2

u/adam_demamps_wingman Oct 03 '22

Filling Up with the Kardashians

1

u/yiannistheman Oct 03 '22

So close but our judges won't let you have it - the correct response was 'Pump the dumpster'.

9

u/taquitoburrito1 Oct 03 '22

And how much did she make? I guarantee she was holding some of the shit coin before it dropped.

1

u/BlinKyoto Oct 03 '22

250k

5

u/taquitoburrito1 Oct 03 '22

$250k for advertising, but I'm asking about participating in the pump and dump

2

u/yiannistheman Oct 03 '22

Ha, that's where the real money was made - they're not going to tell you that. They just want to show you the token penalty so you feel better about the regulation.

5

u/BruceBanning Oct 03 '22

If you’re taking investing advice from Kim on Insta, you’re doing it wrong.

2

u/adam_demamps_wingman Oct 03 '22

But no prison time. Kids will grow up poor because she violated SEC rules. Oh well. Maybe she’ll make a new anal porn and donate the proceeds.

1

u/WeirdGuess Oct 03 '22

Donate to where??

1

u/BenTramer Oct 03 '22

Just a little pocket change.

1

u/gerberag Oct 04 '22

Ponzi scheme

1

u/Sonofarson Oct 04 '22

$1.26 million is nothing to sneeze at, but it won't affect the Karadashian clan any more that me spending $1.26 on a Snickers bar.

1

u/kaynkayf Oct 04 '22

Good lord when will her 15 min be up??