Kardashian, who is reportedly worth $1.8 billion, agreed to pay $1.26 million to settle the charges over a promotion on Meta's Instagram for EthereumMax's crypto asset, the SEC said.Read more: Why you should be wary of investing advice from celebritiesHowever, Kardashian, who has built a media and lifestyle empire, neither admitted to nor denied the regulator's findings, the SEC said."Kardashian fully cooperated with the SEC from the very beginning and she remains willing to do whatever she can to assist the SEC in this matter."The SEC is interested in sending a message to other potential celebrity endorsers of securities, to make sure their posts are not misconstrued as financial advice," said Levin, who also worked as a federal prosecutor and as the head of asset forfeiture in the New York District Attorney's Office.The post, which featured the hashtag "#ad," included a link to the EthereumMax website, which gives users instructions about how to buy the tokens, the regulator added."