Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Cristiano Ronaldo sued for $1 billion by Binance customers over alleged involvement in unregistered securities sale

Cristiano Ronaldo sued for $1 billion by Binance customers over alleged involvement in unregistered securities sale

CointimeCointime2023/11/29 17:51
By:Cointime

Binance customers are suing Cristiano Ronaldo for $1 billion in damages, alleging that he aided the sale of unregistered securities with the cryptocurrency exchange. Ronaldo partnered with Binance in 2022 to create NFT collections and promote the exchange to his massive social media following. Binance settled with the federal government for over $4 billion in penalties and restitution for violating the Bank Secrecy Act, and its founder stepped down as CEO. Ronaldo has been fined $4.5 million by the Italian Competition Authority for promoting Binance without disclosing that he was being paid, adding to the legal issues faced by celebrities promoting cryptocurrency projects.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

CandyBomb x IR: Trade to share 600,000 IR

Bitget Announcement2025/12/17 09:00

CandyBomb x THQ: Trade futures to share 133,333 THQ!

Bitget Announcement2025/12/17 08:00
© 2025 Bitget