**News Flash: Celebrities Under Fire for Crypto Promotions**

Shaquille O'Neal joins the ranks of celebrities like Kim Kardashian and Tom Brady facing legal action for promoting cryptocurrencies on social media. The SEC has been cracking down on these endorsements, citing insufficient disclosure of compensation details. Kardashian, for instance, settled with the SEC for promoting EMAX tokens without adequate transparency.

The FTC has also introduced rules against fake reviews and misleading social media metrics, aiming to curb deceptive practices. This regulatory wave raises questions about the balance between protecting consumers and preserving free speech.

Stay tuned as this legal landscape evolves.