đš Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance NFT Promotion đš
Cristiano Ronaldo, the football legend, is now in the middle of a $1 billion legal storm! đȘïž
In May 2024, Ronaldo inked a massive deal with Binance to promote the NFT collection "Forever Worldwide: The Road to Saudi Arabia," which culminated in a high-stakes auction on June 14. This was the fourth collaboration between Ronaldo and Binance, celebrating iconic moments from his career. But things took a dark turnâŠ
Ronaldo is being sued for allegedly promoting unregistered securities and leading his fans into risky crypto deals without fully disclosing the dangers. The lawsuit claims his involvement caused a 500% spike in interest in Binance, and now, the plaintiffs are seeking $1 billion in damages!
Despite Ronaldoâs legal team trying to dismiss the case, Judge Roy Altman has ruled in favor of the plaintiffs. The case is moving forward, raising serious questions about the responsibility of celebrities in the crypto world.
Is this the beginning of the end for celebrity crypto endorsements? Stay tuned as this legal battle unfolds!
Whatâs your take on this shocking development? Letâs hear it in the comments! đ
