Bitcoin on Nostr: Ronaldo Sued Over Binance Promotion Cristiano Ronaldo, the world's top-earning ...
Ronaldo Sued Over Binance Promotion
Cristiano Ronaldo, the world's top-earning athlete, is embroiled in a billion-dollar class action lawsuit. His involvement with Binance, a cryptocurrency exchange recently fined $4 billion, has led to claims that he aided the sale of unregistered securities.
- Binance faced severe penalties after a settlement with the U.S. government, with its CEO stepping down amid allegations of fraud.
- Other celebrities have also faced lawsuits for endorsing crypto projects, reflecting a growing scrutiny on famous figures promoting financial investments.
https://www.forbes.com/sites/zacharyfolk/2023/11/29/cristiano-ronaldo-faces-1-billion-class-action-lawsuit-for-promoting-binance/
Cristiano Ronaldo, the world's top-earning athlete, is embroiled in a billion-dollar class action lawsuit. His involvement with Binance, a cryptocurrency exchange recently fined $4 billion, has led to claims that he aided the sale of unregistered securities.
- Binance faced severe penalties after a settlement with the U.S. government, with its CEO stepping down amid allegations of fraud.
- Other celebrities have also faced lawsuits for endorsing crypto projects, reflecting a growing scrutiny on famous figures promoting financial investments.
https://www.forbes.com/sites/zacharyfolk/2023/11/29/cristiano-ronaldo-faces-1-billion-class-action-lawsuit-for-promoting-binance/