The owners of Yout.com sued the RIAA to prove that the service was legal, but a judge sided with the music industry's interpretation of the law.
Gruger's promotion follows up two other recent promotions of his colleagues in the past week, indicating a shakeup in leadership at the ByteDance-owned company.
Trading volume in September rebounded sharply from the previous month.
The reality star is cooperating with the SEC's investigation over an undisclosed fee for promoting the EMAX token.
The record label and publishing company says it will meet its billion-euro target two years early.
A coalition of label marketers worked with MTV, radio stations and music stars to sell skeptical executives on the format — and delivered a boom that lasted for nearly 20 years.
