influencers - Claimpayback

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Former SEC exec predicts crackdown on crypto influencers

0xMain
May 31, 2023

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John Reed, a former Securities and Exchange Commission (SEC), has warned social media influencers promoting cryptocurrencies. Reed suggests that their time on these platforms may be limited as the SEC prepares to take action. Reed emphasized that anti-fraud provisions, which apply to influencing...

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French senate advances legislation allowing social media influencers to advertise cryptocurrency

0xMain
May 3, 2023

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The Committee on Economic Affairs in the French Senate has approved an amendment to pending legislation that will permit registered cryptocurrency companies to enlist social media influencers for promotional and advertising purposes. The new wording would enable France’s Financial Markets Authority (AMF) to...

Binance US, Changpeng Zhao, and 3 influencers being sued for $1b

0xMain
April 2, 2023

Binance, Changpeng, Hacking, influencers, sued, Zhao

Two residents from Florida and a person from California are suing Binance US, the United States affiliate of Binance, the world’s largest cryptocurrency exchange by trading volumes; three Binance international entities; Changpeng Zhao, the Binance CEO; and three influencers, including Jimmy Butler of...

FTX influencers face $1b fraud lawsuit over crypto promotion

0xMain
March 16, 2023

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The Moskowitz Law Firm represents the plaintiffs in a class-action lawsuit led by Edwin Garrison against “FTX influencers,” mainly operating on YouTube. The lawsuit alleges that these influencers promoted FTX crypto fraud without disclosing compensation and seeks $1 billion in damages. The lawsuit...