August 07, 2025
EthereumMax buyers accusing celebrities of promoting the cryptocurrency allegedly used in a pump-and-dump scheme can certify subclasses in four states, but not their nationwide class, a federal judge ruled, agreeing with famed boxer Floyd Mayweather Jr. that there's a risk of California and Florida securities laws being inappropriately applied outside those states.
April 29, 2025
The co-founder of the EthereumMax crypto token and celebrities who allegedly promoted the offering told a California federal judge that a group of spurned buyers should not be able to certify their class action since they have not provided a way to determine how many transactions would fall in each category.
February 12, 2025
A group of investors in crypto product EthereumMax have asked a federal judge in California to certify a class action accusing Floyd Mayweather Jr., Kim Kardashian and other celebrities of promoting the token, which allegedly was used in a pump-and-dump scheme.
October 05, 2023
A California federal judge is allowing a group of investors to file a third amended complaint against high-profile personalities who endorsed the EthereumMax cryptocurrency token, but has dismissed some of their claims altogether, vowing they will not get another chance in the lawsuit.
August 23, 2023
Investors in a cryptocurrency token promoted by Floyd Mayweather Jr. slammed his efforts to dodge allegations he participated in a purported pump-and-dump investment scam, telling a California federal court that the celebrity boxer had been the asset's "marquee" promoter.
August 02, 2023
Several celebrities who are accused of defrauding consumers through their promotion of EthereumMax tokens, including Kim Kardashian and boxer Floyd Mayweather Jr., are urging a California federal judge to nix the claims investors brought in their most recent complaint.
June 07, 2023
A California federal judge has ruled that Kim Kardashian can't escape crypto investors' claims that she defrauded them in her promotion of the EthereumMax token, allowing a proposed class action that also names other celebrities as defendants to move forward after previously being dismissed.
May 16, 2023
A California federal judge on Tuesday tossed with leave to amend a proposed securities class action accusing Kim Kardashian and other celebrities of pumping cryptocurrency exchange EthereumMax, warning this is the last amendment, but adding it's "not all that surprising" that "somebody, somewhere" should be able to sue over the alleged pump-and-dump scheme.
May 02, 2023
Basketball Hall of Famer Paul Pierce has accused investors in cryptocurrency exchange EthereumMax of trying to prejudice the court in their securities class action by improperly bringing his $1.4 million settlement with the U.S. Securities and Exchange Commission into the discussion.
February 22, 2023
Kim Kardashian, Floyd Mayweather and others asked a California federal judge on Tuesday to dismiss an amended complaint from EthereumMax investors that claims the celebrities misleadingly promoted EthereumMax's cryptocurrency, saying the renewed allegations advance the "same basic theory" that the court has already rejected.