According to the news in News18, the founders and advertisers of EthereumMax are accused of making misleading statements about the company’s digital tokens.
They include Kim Kardashian, Floyd Mayweather Jr. It was claimed that celebrities, including world-famous names such as Paul Pierce and Paul Pierce, speculated on social media in exchange for money. In the lawsuit, which was alleged to have been fraudulent, accusations were made against these names that they misled their fans regarding cryptocurrencies.
It was reported that while the value of EthereumMax was gradually decreasing, these celebrities advertised to their followers when the price was high.
World-famous boxer Mayweather Jr advertised EthereumMax using the following statements;
Britain’s Financial Management Authority (FCA) warned Kardashian with 250 million followers in September, stating that EthereumMax is an unsupervised cryptocurrency.