{"id":17984,"date":"2023-02-17T18:35:07","date_gmt":"2023-02-17T18:35:07","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/02\/17\/us-sec-charges-nba-star-paul-pierce-with-crypto-violation\/"},"modified":"2023-02-17T18:35:07","modified_gmt":"2023-02-17T18:35:07","slug":"us-sec-charges-nba-star-paul-pierce-with-crypto-violation","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/02\/17\/us-sec-charges-nba-star-paul-pierce-with-crypto-violation\/","title":{"rendered":"US SEC Charges NBA Star Paul Pierce With Crypto Violation"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/breaking-us-sec-charges-nba-star-paul-pierce-with-crypto-violation\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p><strong>Paul Pierce SEC Settlement<\/strong>: The <a href=\"https:\/\/coingape.com\/tag\/securities-and-exchange-commission\/\">US Securities and Exchange Commission (SEC)<\/a> on Friday introduced fees in opposition to former NBA participant Paul Pierce for crypto violations. He was charged for endorsing EthereumMax (EMAX) tokens on social media with out making related disclosures. The SEC mentioned the previous participant made false and deceptive promotional statements about EMAX. Accordingly, Pierce settled the fees with $1.409 million in penalties, disgorgement, and curiosity.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/binance-fud-bitcoin-outflow-tusd-inflow\/?utm_source=sidebartabnews\">Is The Binance FUD Real? On-Chain Data Reveals Massive TUSD Inflow, Bitcoin Outflow<\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<h2><strong>Paul Pierce EMAX Promotion<\/strong><\/h2>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>The main cost is that Paul Pierce promoted the EMAX tokens on Twitter after receiving $244,000 price of EMAX tokens. He didn&#8217;t make it public that he acquired the tokens in trade for selling it, mentioned the <a rel=\"nofollow\" href=\"https:\/\/www.sec.gov\/news\/press-release\/2023-34\">SEC\u2019s statement<\/a>. Terming the fees as reminder to celebrities, SEC Chair Gary Gensler mentioned influencers have to disclose particulars of rewards they&#8217;re receiving whereas selling crypto asset \u2018securities\u2019.<\/p>\n<blockquote>\n<p>\u201cThe law requires you to disclose to the public from whom and how much you are getting paid to promote investment in securities, and you can\u2019t lie to investors when you tout a security.\u201d<\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>The newest SEC motion on crypto associated actions comes only a week after charged crypto trade Kraken with failing to register its crypto staking service. <a href=\"https:\/\/coingape.com\/kraken-to-shut-down-this-feature-as-settlement-with-sec\/\">Kraken entered into an SEC settlement<\/a> settlement which concerned discontinuing of the staking service and cost of $30 million in disgorgement, prejudgment curiosity and civil penalties.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/crypto-news-bitcoin-btc-price-dip-with-macro-headwinds\/?utm_source=sidebartabnews\">Macro Headwinds To Eat Up Bitcoin (BTC) Price Gains Through Weekend?<\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA139386\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<div class=\"authodes\">\n<p>Anvesh experiences main developments round crypto adoption and buying and selling alternatives. Having been related to the trade since 2016, he&#8217;s now a robust advocate of decentralized applied sciences. Anvesh is at present based mostly in India. Follow Anvesh on Twitter at @BitcoinReddy and attain out to him at <a href=\"https:\/\/coingape.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"cbaaa5bdaeb8a38ba8a4a2a5acaabbaee5a8a4a6e5\">[email\u00a0protected]<\/a>                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD139386\">\n<p>  The offered content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/breaking-us-sec-charges-nba-star-paul-pierce-with-crypto-violation\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Paul Pierce SEC Settlement: The US Securities and Exchange Commission (SEC) on Friday introduced fees in opposition to former NBA participant Paul Pierce for crypto violations. He was charged for endorsing EthereumMax (EMAX) tokens on social media with out making related disclosures. The SEC mentioned the previous participant made false and deceptive promotional statements [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[13],"tags":[278,24,392,4664,6109,571,2021,6110],"class_list":["post-17984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regulation","tag-charges","tag-crypto","tag-nba","tag-paul","tag-pierce","tag-sec","tag-star","tag-violation","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=17984"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17984\/revisions"}],"predecessor-version":[{"id":17985,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17984\/revisions\/17985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/17986"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=17984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=17984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=17984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}