
CATrends: Celebrities Deceptively Promoting Cryptoassets
A-listers face lawsuits over promotions of risky and unregulated investments.
Witt et al. v. Hammacher, Schlemmer & Co., Inc.
37-2022-00010651, California state court – San Diego
(March 2022)
Zierold et al. v. The Bradford Exchange, Ltd.
37-2022-00009703, California state court – San Diego
(March 2022)
The Bradford Exchange Rewards and Hammacher Rewards
Failing to adequately disclose the terms of subscriptions, including that consumers who sign up for free shipping will be automatically enrolled in a paid subscription
Settled
(Preliminarily approved)
https://www.bradfordexchangesettlement.com/
A-listers face lawsuits over promotions of risky and unregulated investments.
Complaints against additional distributors who hosted COVID webinars may be forthcoming.
TINA.org files comment in support of applying rule to direct selling industry.
Even celebs have FOMO
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