Categories: Sports

Cristiano Ronaldo Sued For $1bn (See Why)

Cristiano Ronaldo has been sued for $1bn.

 

Glamtush reports that Al Nassr striker, Cristiano Ronaldo is facing a class-action lawsuit.

This online news platform understands that the Portugal captain is being asked to pay at least $1billion in damages for promoting cryptocurrency-related “non-fungible tokens,” or NFTs, which were issued by Binance.

The lawsuit was filed in federal court in the Southern District of Florida on Monday.

It alleges that Ronaldo’s promotion of Binance was “deceptive and unlawful.”

The plaintiffs claim Binance’s partnership with high-profile figures like Ronaldo led them into costly and unsafe investments.

“Evidence now reveals that Binance’s fraud was only able to reach such heights through the offer and sale of unregistered securities, with the willing help and assistance of some of the wealthiest, powerful and recognized organizations and celebrities across the globe — just like Defendant Ronaldo,” the suit reads.

GLAMTUSH

Recent Posts

SDNON Unveils Ambitious Plans For 2025, Celebrates Outgoing Executives

The newly elected SDNON excos have unveiled their ambitious plans for 2025 and celebrated the outgoing executives.…

7 hours ago

Primate Ayodele Releases 2025 Prophecies For All Sectors

The leader of the INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has released his 2025…

18 hours ago

Timeless Tunes: How Throwback Songs Bond Africans In 2024

Music has always been central to African culture, reflecting societal changes while connecting generations. In…

2 days ago

Sinach To Feature In Global Christian Event, Gather25

Sinach is set to feature in the global Christian event, Gather25.   Glamtush reports that Gather25,…

2 days ago

Yahaya Bello Released After Meeting Bail Conditions

Yahaya Bello has been released after meeting his bail conditions.   Glamtush reports that former…

2 days ago

Makinde Cancels Birthday Celebration To Honour Ibadan Stampede Victims

Makinde has cancelled his birthday celebration to honour the Ibadan stampede victims.   Glamtush reports that Governor…

2 days ago