Floyd Mayweather and Paul Pierce sued for allegedly making 'false and misleading' statements while promoting cryptocurrency company

Jan 9, 2022

Boxer Floyd Mayweather, socialite Kim Kardashian and basketball player Paul Pierce made false and misleading statements while promoting the cryptocurrency EthereumMax, an investor claimed Friday, hitting the celebrities and the cryptocurrency company's executives with a proposed class action in California federal court.

New Yorker Ryan Huegerich said in his lawsuit that Ethereum Max executives collaborated with celebrity promoter to misleadingly promote and sell EMAX tokens to unsuspecting investors in what essentially amounts to a 'pump and dump' scheme.

Source: Law360