Home Cristiano Ronaldo Faces $1 bn Lawsuit

Cristiano Ronaldo Faces $1 bn Lawsuit

Share
Share

Cristiano Ronaldo Faces $1 bn Lawsuit

Cristiano Ronaldo is facing a $1 billion class-action lawsuit for his role in promoting non-fungible tokens (NFTs) linked to Binance, a cryptocurrency exchange. Users filed the lawsuit on January 16, seeking significant damages.

The dispute centers around Binance, a cryptocurrency exchange giant, and its extensive collaboration with Ronaldo. The lawsuit claims that Ronaldo’s influential role attracted investors to Binance, where they unknowingly invested in alleged unregistered securities.

The proposed solution involves emails, X, and website publication, adhering to international contract standards and ensuring proper notice to the defendant. Users express dissatisfaction with Ronaldo’s current location in Saudi Arabia.

(With inputs from Shikha Singh)

Share

Latest News

Latin America’s Crypto Adoption Surges Ahead Of The U.S.
News

Latin America’s Crypto Adoption Surges Ahead Of The U.S.

Cryptocurrency adoption in Latin America is growing quickly, and new data shows that the region is expanding much faster than the United...

Coinbase Criticizes New US Crypto Tax Reporting Rules
News

Coinbase Criticizes New U.S. Crypto Tax Reporting Rules

Crypto exchange Coinbase has raised fears about new tax reporting rules in the United States. The exchange says that these rules could...

Tokenized Assets Surge Past $25B As Blockchain Finance Expands
News

Tokenized Assets Surge Past $25B As Blockchain Finance Expands

The market for tokenised real-world assets has grown rapidly and has now crossed $25 billion in value on blockchain networks. Tokenisation is...

Crypto Funding Jumps 50% Despite Fewer Deals
News

Crypto Funding Jumps 50% Despite Fewer Deals

Investment in bitcoin companies has increased significantly over the past year, despite a drop in total transactions. According to recent data from...

Latest Blogs

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth, and accomplishments are meaningless without good health. Nothing is more...

AI-enabled Fraud Detection In Digital Finance

Do you remember the last time you used an Automated Teller Machine(ATM) to withdraw money? Well, with the advent of Unified Payments...

“Bitcoin Hi Bhavishya Hai?” A Latest Statement Of Michael Saylor About BTC

Key Takeaways In the Sujal Show podcast, Michael Saylor shared easy lessons about Bitcoin and saving money. He said Bitcoin is like...

Spot Or Futures ETF: Which Bitcoin ETF Should You Choose?

You must have heard a lot about Spot Bitcoin ETFs lately but are you aware of Futures Bitcoin ETFs which were launched...

Related Articles

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth,...

AI-enabled Fraud Detection In Digital Finance

Do you remember the last time you used an Automated Teller Machine(ATM)...

“Bitcoin Hi Bhavishya Hai?” A Latest Statement Of Michael Saylor About BTC

Key Takeaways In the Sujal Show podcast, Michael Saylor shared easy lessons...

Spot Or Futures ETF: Which Bitcoin ETF Should You Choose?

You must have heard a lot about Spot Bitcoin ETFs lately but...