Boxer Floyd Mayweather Faces Crypto Promotion Lawsuit In 2022 Over EthereumMax Promotion

Professional boxer Floyd Mayweather turned into additionally named in a crypto advertising lawsuit in 2022 over his alleged advertising of EthereumMax, a token that he claimed might grow to be the largest cryptocurrency withinside the world.

The lawsuit alleges that the athlete and his organization promoted Ethereum Max via social media, YouTube films and different channels. The fit additionally claims that Mayweather had get entry to to tens of thousands and thousands of greenbacks really well worth of Ethereum assignment tokens that he by no means disclosed to investors.

The fit said: Ethereum Max`s number one supply of investment turned into a cryptocurrency pockets managed through Floyd Mayweather Jr., one in all its 3 promoters, who at the side of its different promoters have not begun to reveal any facts approximately their backgrounds or occupations.