Ronaldo faces billion-dollar lawsuit for endorsing worthless NFTs ...News

Russia Today - Economy
Ronaldo faces billion-dollar lawsuit for endorsing worthless NFTs
source : Russia Today ( News ) () 55
The soccer star stands accused of deceptively promoting Binance, leading to investor losses Global football sensation Cristiano Ronaldo is now at the center of a class-action lawsuit, with claims for damages exceeding $1 billion stemming from his endorsement of Binance, the world’s leading cryptocurrency exchange. Filed in the Southern District of Florida, the lawsuit alleges that Ronaldo’s promotion of Binance, particularly its non-fungible tokens (NFTs), was “deceptive and unlawful,” resulting in substantial financial losses for investors. At the heart of the dispute is Binance’s CR7 NFT collection, launched in

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