Cristiano Ronaldo faces $1bn lawsuit over Binance ads
- Portuguese soccer star Cristiano Ronaldo is facing a $1 billion class-action lawsuit for promoting cryptocurrency-related NFTs issued by Binance, with plaintiffs claiming deceptive practices and unsafe investments.
- The lawsuit alleges that Ronaldo made deceptive statements and sold unregistered crypto securities through his partnership with Binance.
100 Articles
100 Articles
Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance Cryptocurrency Advertisements
Cristiano Ronaldo is currently embroiled in a legal battle involving a staggering $1 billion lawsuit for his endorsement of Binance, the global cryptocurrency exchange leader. The lawsuit, filed in a US district court in Florida, contends that the former Manchester United and Real Madrid stars "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance." The plaintiffs claim …
Cristiano Ronaldo slammed with $1 billion lawsuit for promoting Binance NFTs
Cristiano Ronaldo.Robbie Jay Barratt/Getty Images Soccer star Cristiano Ronaldo has been hit with a lawsuit for promoting Binance NFTs. The plaintiffs are seeking damages in excess of $1 billion. Both Ronaldo and Binance made "deceptive statements," they said in a court filing. Cristiano Ronaldo has been hit with a class-action lawsuit for promoting non-fungible tokens (NFTs) listed on Binance.In a Monday court filing, plaintiffs said both the P…
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