Home » today » Sport » Because of his promotion of this platform, Ronaldo faces a billion-dollar lawsuit

Because of his promotion of this platform, Ronaldo faces a billion-dollar lawsuit

video, song, or other asset that you can purchase.

The Portuguese football legend launched his own collection of… "NFTs" Through an application "Binance"the world’s largest cryptocurrency exchange, in the run-up to the 2022 World Cup.

It includes a group "NFTs" Ronaldo’s, Animated statues depicting special moments in his life.

Some rare collectibles have sold for up to $10,000, but affected customers claim his endorsement prompted them to make expensive and unsafe investments.

This lawsuit comes a week after it was reached "Binance" to a $4 billion settlement with US regulators, which led to the resignation of the platform’s CEO.

Despite the controversy, Ronaldo decided to continue cooperating with the platform, and published on his official account an announcement of an upcoming partnership between them.

Chinese billionaire Zhao, the platform’s owner and CEO, has pleaded guilty to violating anti-money laundering laws and could face prison time when he is sentenced next year.

According to the lawsuit, they were sales "NFT" For"Binance"driven by"Help from some of the richest and most powerful organizations and celebrities around the world"including Ronaldo.

Network indicated "Sky News" British, that online searches for "Binance" It rose by 500 percent after the announcement of Ronaldo’s collection, and his non-fungible tokens sold out within a week.

The court files also claim that Ronaldo should have revealed how much he was paid for the high-profile partnership.

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NFT is a type of encrypted asset that allows you to own a digital asset such as an art image, video, song, or other asset that you can purchase.

The Portuguese football legend had launched his own collection of NFTs through the Binance app, the world’s largest cryptocurrency exchange, in the run-up to the 2022 World Cup.

Ronaldo’s collection of NFTs includes: Animated statues depicting special moments in his life.

Some rare collectibles have sold for up to $10,000, but affected customers claim his endorsement prompted them to make expensive and unsafe investments.

This lawsuit comes a week after Binance reached a $4 billion settlement with US regulators, which led to the resignation of the platform’s CEO.

Despite the controversy, Ronaldo decided to continue cooperating with the platform, and published on his official account an announcement of an upcoming partnership between them.

Chinese billionaire Zhao, the platform’s owner and CEO, has pleaded guilty to violating anti-money laundering laws and could face prison time when he is sentenced next year.

According to the lawsuit, Binance’s NFT sales were driven by “help from some of the richest and most powerful organizations and celebrities around the world,” including Ronaldo.

The British “Sky News” network indicated that online searches for “Binance” increased by 500 percent after the announcement of Ronaldo’s group, and its distinctive non-fungible currencies were sold within a week.

The court files also claim that Ronaldo should have revealed how much he was paid for the high-profile partnership.

2023-12-01 07:45:22

#promotion #platform #Ronaldo #faces #billiondollar #lawsuit

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