#Cristiano Ronaldo faces $1bn lawsuit for promoting NFTs#
Cristiano Ronaldo has been hit with class- action lawsuit seeking at least $1 billion £790m) in damages for his role in promoting cryptocurrency-related "non-fungible tokens," or NFTs, issued by the beleaguered cryptocurrency exchange Binance.
The lawsuit, filed in federal court in the Southern District of Florida Monday, accuses Ronaldo's promotions of Binance of being "deceptive and unlawful." Binance's partnership with high-profile figures like Ronaldo, the plaintiffs claim, caused them to make costly and unsafe investments.
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#Cristiano Ronaldo faces $1bn lawsuit for
promoting NFTs#
Cristiano Ronaldo has been hit with class-
action lawsuit seeking at least $1 billion
£790m) in damages for his role in promoting
cryptocurrency-related "non-fungible tokens,"
or NFTs, issued by the beleaguered
cryptocurrency exchange Binance.
The lawsuit, filed in federal court in the
Southern District of Florida Monday, accuses
Ronaldo's promotions of Binance of being
"deceptive and unlawful." Binance's
partnership with high-profile figures like
Ronaldo, the plaintiffs claim, caused them to
make costly and unsafe investments.
Thoughts?
Source: Independent
#TechNews #Crypto #blockchain
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