Last year, Cristiano Ronaldo and cryptocurrency exchange Binance teamed.
Due to his role in promoting Binance, he is currently the subject of a lawsuit.
FTX has also put Major League Baseball and Mercedes’ F1 squad in hot water.
An incident involving Cristiano Ronaldo has come to light.
Regarding one of his most recent campaigns, the Portuguese celebrity, who has starred in numerous commercials, is allegedly facing legal issues.
The captain of Al-Nassr has been actively endorsing Binance, the biggest cryptocurrency exchange globally, in recent times; however, his affiliation with the company has brought him into disrepute.
According to the BBC, because of his advocacy of the cryptocurrency exchange, Ronaldo is being sued as part of a class action case in the United States.
According to the lawsuit, the plaintiff’s investments lost money as a result of his support for the business. A $1 billion damages claim is being made by them.
