Back in June ’21, I wrote, “I’ve just become aware of the best example of everything that is bad (and hopefully temporary) about crypto-insanity. If you are wondering about the hype, this article from Coindesk is very instructive.”
I guess some of Kim’s less-than-crypto-savvy followers didn’t pay attention to the very bold first line of her social post: “This is not financial advice but sharing what my friends just told me about the Ethereum Max Token!” They are suing her anyway.
Watch this lawsuit very carefully. This wasn’t the “fine print.” Kardashian began her social post with a disclaimer. As you can see from my original reaction, I had absolutely no kind words for Kim back in June. That aside… are loud, obvious disclaimers a valid legal defense?
Author’s note: This is not a sponsored post. I am the author of this article and it expresses my own opinions. I am not, nor is my company, receiving compensation for it.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.