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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100 Articles
In a class action lawsuit, plaintiffs in Florida are seeking one billion dollars in damages from the Portuguese. He is said to pay for his allegedly “misleading” promotions for the crypto exchange Binance.
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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