The judge said the investors adequately alleged the posts were "literally false." He also found that a Kardashian post suggesting that EMAX tokens were scarce was misleading.
Kim Kardashian failed to persuade a judge to throw out a lawsuit in which she's accused of scamming investors in a cryptocurrency called EthereumMax by falsely hyping the digital tokens.
Floyd Mayweather Jr. fared better, with the judge finding that his public statements about the growth prospects for the EMAX token were mostly harmless.