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On the eve of her NFT drop on Wednesday, pseudonymous digital artist and researcher Elena was accused of plagiarizing artistic assets in her collection. Elena, who amassed a following of nearly 90,000, previously described herself as the “researcher in residence” at blue-chip NFT collection Azuki, though that designation has since
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A former TikTok crypto influencer has been forced to forfeit a gold physical bitcoin and more than $17,000 in cash after pleading guilty to wire fraud, aggravated identity theft, and money laundering charges. TikTok star splurged
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French lawmakers have agreed to tone down the restrictions on a bill first proposed in March that would have severely restricted locally-registered cryptocurrency companies from using influencer marketing.An earlier draft of the bill allowed only licensed crypto companies to engage in influencer marketing. However, while crypto companies are currently required
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A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears. Source
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A nonfungible token (NFT) influencer has been served with a settlement demand via NFT – which casually dropped the "F bomb" several times – alleging that the influencer engaged in wire fraud "at a minimum," on a recent $7 million token presale.Lawyer Mike Kanovitz, a partner at Loevy & Loevy,
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A 23-year-old Snapchat influencer has seemingly taken a leaf out of the SimpDAO playbook by launching an artificial intelligence-based girlfriend version of herself via OpenAI’s chatbot ChatGPT. The influencer in question, Caryn Marjorie, has 1.84 million subscribers on Snapchat, along with 215,000 followers on Instagram. Dubbed CarynAI, the project was built
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A cryptocurrency YouTuber has been served a lawsuit through a tweet after a United States court allowed the action as lawyers claimed they couldn’t serve him through other means.A May 2 order from a Florida District Court Judge granted The Moskowitz Law Firm permission to serve legal notice to crypto
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Lawmaker Arthur Delaporte, one of the architects of the legislation, last week said it would help value the work of legitimate influencers. His proposal was to forbid promotions for crypto firms unless they hold a license, which no company does in France. Source
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Social media stars wouldn’t be allowed to shill unlicensed crypto under anti-scam plans voted on by the National Assembly’s Economics Committee Wednesday Source
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French lawmakers have proposed a ban on the promotion of certain financial products and services by electronic means, including crypto assets, in order to protect consumers from potential risks. The proposed amendment is to Bill no. 790, aimed at combating scams and excesses by influencers on social networks. The amendment also
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