Why Cristiano Ronaldo Is Being Fined $1billion In The USA

Cristiano Ronaldo is reportedly facing charges in the federal courts of the United States of America.

This is happening after US citizens filed complaints about the huge absurd losses they suffered due to the Bination platform, which was largely supported by Cristiano with a massive number of more than eight hundred and sixty million crypto investors.

US Citizens Believe Cristiano Ronaldo Redirected Them To ‘Scary Site’ To Lose Money
because he knew that the brand was giving cryptocurrency links to investors with the intention that they would suffer losses.

Cristiano Ronaldo officially took over as the brand’s official ambassador for Binance in 2022.

As soon as Cristiano Ronaldo signed up, investors carefully made more than five hundred times their abnormal profit.

The court hearing suggested that Cristiano Ronaldo should have known that Binance was selling securities in cryptocurrencies.

which was against the terms of the agreement or whatever.

An official statement issued by a Florida court firm stated that Ronaldo promoted, assisted, or actively participated in the large sale of unsecured securities in collaboration with Binance, including the sale of its Non-Fungible Tokens (NFT), which resulted in unavoidable financial gains.

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Kim Kardashian and professional boxer Floyd Mayweather are among other celebrities who faced the same crypto lawsuits early last year.

Cryptocurrency management and Ethereum Max are working with celebrity promoters to entice investors to buy their EMax token, take over its price, and make them sell their tokens for a massive profit.

The claims were later dismissed by a state judge, who said it was not clear that the investors who filed the claims came into contact with the promotions.

Another thing we will hear about is cryptocurrency scams, as some celebrities seem to be promoting and endorsing the brands.