Ronaldo sued, he risks big!

11 months ago 73
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Cristiano Ronaldo launched his NTF collection with a cryptocurrency platform and the five-time Ballon d’Or winner is the subject of a complaint in the United States. A sum of one billion dollars is claimed!

Thursday in stories on his Instagram, Cristiano Ronaldo recalled that he was the ambassador of Binance, a cryptocurrency platform with which he launched his collection of NFTs (digital collectibles). However, this sponsorship contract is not anecdotal, since “CR7” is the subject of a complaint in the United States, since November 27 in a Florida court, from a collective which attacks crypto operators.

The five-time Ballon d’Or winner is certainly promoting his collection of NFTs, but it is more generally an advertisement for this cryptocurrency site. He is therefore accused of being complicit in the sale of illegal financial instruments. The BNB, the token of Binance, is considered an unregistered financial security by the SEC, the US federal financial markets regulator and supervisory agency.

The plaintiffs are seeking more than a billion dollars in damages. This collective has already attacked American sports stars like Stephen Curry, Shaquille O’Neal or Tom Brady for their association with FTX, a popular cryptocurrency platform which went bankrupt in November 2022. The director of FTX is accused of having causes its customers to lose $8 billion…

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Manu Tournoux

Manu Tournoux is a passionate and knowledgeable football enthusiast with a special focus on French football. Born and raised in France, Manu discovered his love for the beautiful game at a young age and developed a deep understanding of the ins and outs of "Le Championnat." His French roots and extensive experience in football journalism have made him an invaluable asset to the French Football Weekly team. As an author for the website, Manu's expertise includes not only in-depth analysis of Ligue 1 and Ligue 2 matches but also insightful profiles of up-and-coming talents, detailed transfer news, and engaging coverage of the French national team. His captivating writing style and undeniable passion for the game have earned him a loyal following among our readers. When he's not crafting engaging articles for French Football Weekly, Manu enjoys attending live matches whenever he can, exploring football culture in various French cities, and engaging in spirited debates with fellow fans. Feel free to follow Manu on Twitter and interact with him as he shares his expert opinions, insights, and love for French football.

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