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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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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.

·Frankfurt, Germany
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  • 36% of the sources lean Left, 36% of the sources are Center
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Forbes broke the news in United States on Wednesday, November 29, 2023.
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