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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.
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Forbes broke the news in United States on Wednesday, November 29, 2023.
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