Sports
By Amar Singh
February 20, 2023
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Paul Pierce is a Celtics franchise legend, a member of the Basketball Hall of Fame, and one of the greatest basketball players of all time.
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Regrettably, he's currently making headlines for a story that has nothing to do with basketball.
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The former NBA great has been accused of spreading false and misleading information about cryptocurrencies by the United States Securities and Exchange Commission.
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Pierce allegedly failed to disclose payments he received to promote EMAX tokens, according to the SEC.
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Pierce has admitted guilt and agreed to pay penalties totaling $1.4 million. As a result of the revelation, several fans made jokes about Pierce.
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Pierce isn't the first athlete to embrace cryptocurrencies, though he may be the first to experience their effects.
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The Miami Heat even changed the name of their arena to reflect the defunct cryptocurrency exchange.
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