Jenna Kim, Floyd Mayweather and other celebrities are expected to persuade the presiding judge to reject another revised attempt to promote EtherumMax (EMax) without any modest announcement.

The two celebrities ordered the presiding judge of the California federal government to dismiss the second revised complaint mentioned by EtherumMax Investors in December 2022. According to the defendant, a new complaint promotes the "same basic theory" previously rejected by the court.

The premise of investor class action is that the EtherumMax team works with celebrities to sell eMax tokens to investors, which they describe as "selling" schemes.

However, the defendant's resolution to reject a new complaint made up a lie, focusing on celebrities advertising eMax tokens. The theory of human factors driving up the price has long been rejected by the court, of course, except for the price that the sales market wants to charge, such tokens have no use value. They wrote:

"the court rejected the previous complaint in a variety of ways because of its root defects. The addition of new charges, defendants and more than 100 most unrelated charges simply cannot make up for the shortcomings.

In addition, the resolution shows that investors' view is that they own eMax because of the misrepresentation of celebrities. However, the rejected resolution fabricates lies and investors "will not be hurt by just owning tokens".

In addition, Jenna has already been fined once for running an EtherumMax marketing campaign on a social platform. On Oct. 3, 2022, the American elder Zhishi reached a $1.26 million settlement with the Securities and Exchange Commission (SEC). She had not previously announced that she had received $250000 in advertising for a new data encryption project.

SEC recently issued a warning to celebrities who encrypt marketing data. On Feb. 17, SEC reminded STAR that laws and regulations require them to disclose how much they have won and from whom they have been paid when promoting stock investments.