Kobe Bryant’s 7 ft Lakers Teammate Joins Kim Kardashian, Floyd Mayweather, and Others With Huge Crypto Scam – EssentiallySports

Investment in cryptocurrency has become a common practice due to the uncertainties of inflation. More and more people have been drawn towards investment in various crypto markets which offer some lucrative profit margins. However, they also pose a great risk of financial loss at the same time. The crypto market is flooded with a number of scams that often leave investors losing their hard-earned money. Moreover, the inappropriate use of the face value of influential celebrities has become a common practice in such scams. Recently, the 7ft tall former Lakers teammate of Kobe Bryant has joined the likes of Kim Kardashian, Floyd Mayweather, and others with a massive crypto scam.

Gasol recently posted a tweet informing his followers about the illegal use of his image for a cryptocurrency scam. The former Lakers big man also warned the company about legal repercussions in his post on Twitter.

Teammate of Kobe Bryant takes action against crypto scam

Kobe Bryant’s former teammate Pau Gasol recently condemned the illegal use of his image by a digital financial market investing firm called Immediate Edge. Gasol was Bryant’s teammate at the Lakers from 2008-2014. The six-time All-Star played a crucial role in helping Kobe Bryant bring two straight NBA championships to LA in 2009 and 2010.

As per the translation of his recent tweet in Spanish, Pau Gasol wrote, “The company Immediate Edge has been using the names of public people for years for its cryptocurrency scam. Have recently used mine. I want to make it clear that I am not involved and warn of the scam. In addition, I have taken legal action for the illegal use of my image.”

Pau Gasol has taken legal action against the company in question. The 2002 Rookie of the Year is lucky to have caught the scam early, unlike Kim Kardashian and Floyd Mayweather. The celebrity stars paid a hefty price for their involvement in another crypto scam.

Kim Kardashian-Floyd Mayweather crypto scam

Back in January, Kim Kardashian, 15-time major world boxing champ Floyd Mayweather Jr., former Boston Celtics star Paul Pierce, and the founders of cryptocurrency EthereumMax, were named in a class action lawsuit. Moreover, Kardashian, Mayweather, and Pierce were the celebrity endorsers who promoted cryptocurrency on their social media platforms. Unfortunately, the company tanked resulting in huge losses for investors, who filed the lawsuit. 

The investors alleged buying EMax tokens after taking the word of celebrity influencers about its value, resulting in huge losses. Meanwhile, Kim Kardashian reportedly paid a fine of $1.26 million to the SEC in October for the promotion of a cryptocurrency scam on her official Instagram account. She was also banned from promoting any cryptocurrency for the next three years.

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Luckily for the entities involves, the class action suit for the crypto scam against Kardashian, Mayweather, Pierce, and the co-founders of EthereumMax was dismissed by a federal judge earlier this month.