⚖️ Cristiano Ronaldo Lawsuit: Ronaldo is sued for at least $1 billion in Florida, USA, by Binance customers. The lawsuit alleges his promotion of Binance NFTs was "deceptive and unlawful."
🌎 Lawsuit Location: The class-action lawsuit was filed in Florida, focusing on Ronaldo's role in promoting cryptocurrency and NFTs.
🌟 NFT Promotion Details: Ronaldo launched his "CR7" NFT collection with Binance in 2022, promoted on social media. The collection featured animated images from his career.
📈 Promotion Impact: Ronaldo's promotion led to an increase in Binance-related searches and rapid sell-out of premium NFTs.
💼 Background of Binance: Binance faced previous allegations and settled for about $4 billion. The lawsuit against Ronaldo highlights the complexities of celebrity crypto promotions.
⚽ Ronaldo's Status: A globally renowned footballer, Ronaldo continues to promote Binance, despite legal challenges and growing scrutiny over the regulation of crypto assets.
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