Portugal Football Star Cristiano Ronaldo Faces $1 Billion Class Action Lawsuit for Endorsing & Promoting Crypto Exchange Binance, Launched Ronaldo CR7 Binance Non-Fungible Tokens NFTs Priced from $77 in November 2022 and with Price Decreasing 98% to $1 in November 2023
1st December 2023 | Hong Kong
Portugal football star Cristiano Ronaldo is facing a $1 billion class action lawsuit (£791 million) for endorsing & promoting crypto exchange Binance, including launching Ronaldo CR7 Binance Non-Fungible Tokens (NFTs) priced from $77 in November 2022 and with price decreasing 98% to $1 in November 2023. Cristiano Ronaldo is the highest paid football in the world in 2023 with $260 million. In November 2023, Binance had been fined $4.3 billion for money-laundering with founder & CEO Changpeng Zhao (Canadian) pleading guilty, resigning as CEO (21/11/23), paying $50 million of the fine, and facing less than 18 months jail. Of the $4.3 billion fine, Binance will pay a criminal fine of $1.8 billion and forfeit $2.5 billion. In the judgement, Binance had failed to report more than 100,000 suspicious transactions | More info
“ Portugal Football Star Cristiano Ronaldo Faces $1 Billion Class Action Lawsuit for Endorsing & Promoting Crypto Exchange Binance, Launched Ronaldo CR7 Binance Non-Fungible Tokens NFTs Priced from $77 in November 2022 and with Price Decreasing 98% to $1 in November 2023 “
Crypto Exchange Binance Signs Portuguese Football Star Cristiano Ronaldo to Promote Cristiano Ronaldo NFT Collections & Web3
25th June 2022 – Crypto Exchange Binance has announced an exclusive & multi-year NFT partnership with Portuguese footballing legend Cristiano Ronaldo. Binance: “Through this partnership, Binance will launch a global promotion aiming to give Ronaldo’s fans an introduction to Web3 with a compelling entry point into the world of NFTs. Over the course of the agreement, Binance and Cristiano Ronaldo will create a series of NFT collections for sale exclusively on the Binance NFT platform. The first NFT collection will be released later this year and feature designs created in collaboration with Ronaldo. The Cristiano Ronaldo NFT collections will be available exclusively on Binance NFT. Cristiano Ronaldo on Twitter: “ Proud to be partnering with @binance . Together we’ll give you the opportunity to own an iconic piece of sports history. I’m excited to take this journey with all of you. Let’s change the NFT game with #Binance.” (Non-fungible tokens (NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata.)
Cristiano Ronaldo on Twitter
Proud to be partnering with @binance
Together we’ll give you the opportunity to own an iconic piece of sports history.
I’m excited to take this journey with all of you. Let’s change the NFT game with #Binance. pic.twitter.com/SNSCMHggct
— Cristiano Ronaldo (@Cristiano) June 23, 2022
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