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FORTUNE FAVORS THOSE NOT CAUGHT WITH THEIR FREAKIN HAND IN THE COOKIE JAR

Quote: “This case is yet another reminder to celebrities.”

It’s safe to say SEC Chair Gary Gensler is not a big fan of celebs touting crypto. In his agency’s latest case against a high-profile promoter, former Boston Celtics star Paul Pierce agreed to pay $1.4 million (without admitting any wrongdoing) over his actions in pushing EthereumMax—

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the same token that got Kim Kardashian in trouble with the agency. We’re not sure fortune favors the brave when it comes to securities regulators.

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