A federal judge in California has dismissed a class action suit against several notable celebrities, including Kim Kardashian and Floyd Mayweather, for promoting the cryptocurrency EthereumMax (EMAX). The lawsuit was first filed in January. The judge reportedly stated that it was unclear if the plaintiffs had seen the specific promotions shared by the celebrities. Judge Michael Fitzgerald also said that investors should be expected “to act reasonably before basing their bets on the zeitgeist of the moment.”.Despite the dismissal, Judge Fitzgerald said the plaintiffs can refile with amended claims.
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