Cristiano Ronaldo faces legal action over Cryptocurrency exchange participation

Cristiano Ronaldo is set to face legal repercussions for his involvement with Binance, a cryptocurrency exchange. Ronaldo announced his partnership with Binance in November, expressing excitement about the partnership. However, Binance's sponsorship of the Argentinian Alpine F1 team became controversial, leading to legal actions. Three users are preparing to file a lawsuit against Ronaldo over losses from a Binance promotion he endorsed, alleging undisclosed security issues.

Cristiano Ronaldo Faces Legal Action Over Cryptocurrency Exchange Participation

Recent reports indicate that Cristiano Ronaldo is set to face legal repercussions for his involvement in a cryptocurrency exchange. The 38-year-old football icon became a partner with Binance last year, as reported by Reuters. Ronaldo publicly announced his collaboration with Binance in November of the previous year, expressing excitement about working with the Web3 organization.

He referred to it as a significant moment in his career. In a recent tweet, Ronaldo hinted at ongoing developments, stating, “Cooking something with Binance.” Notably, Binance is also a sponsor of the Alpine F1 team. However, their sponsorship of the Argentinian team earlier this year became controversial, leading to legal actions. In January 2022, Binance became the main sponsor of the Argentinian team, but the agreement was canceled by July.

The latest legal challenge involves three users preparing to file a lawsuit against Ronaldo over losses incurred from a Binance promotion he endorsed. The users claim that Ronaldo’s promotion had undisclosed security issues, prompting them to seek legal recourse. Among the affected users, Ronaldo’s endorsement of the Binance promotion is cited as a factor that contributed to unrecognized security conditions.

Cristiano Ronaldo

Cristiano Ronaldo dos Santos Aveiro

Forwarder, Midfielder

PortugalPortugal

Age: 39

188 cm

83 kg

Season 2024
Played 1 3 Missed
Minutes 90 90.0 Avg
Goals 0 0.0 Avg
Assist 0 0.0 Avg
Attempt 0 0.0 Avg
Passes 28 28.00.0% AvgSucc
Yellow 1 1.0 Avg
Red 0 0.0 Avg

This season he played in total 13 times for 1166 minutes for Pro League.

Cristiano Ronaldo  scored 14 goals for Al Nassr. He procured 7 assists. He received no yellow cards and no red cards.

His team is currently 2nd in Pro League. In the last match Al Nassr won 3-0 against Al Akhdoud. The next match in Pro League will be against Al Hilal.

Al Nassr performance and stats

Al Nassr

Manager: Luís Ribeiro de Castro
Top 3 Scorers
This season

Al Nassr is currently 2nd in the Pro League with 34 points.

In the last 14 games, it has won 11 times, drawn once, and lost twice. In its last match, Al Nassr won 3-0 against Al Akhdoud.​​

It has a positive goal difference after scoring 39 goals and conceding 15.​

Al Nassr will play the next match in Pro League against Al Hilal on Friday 1st of December in Riyadh. The prediction is Al Hilal winning the match.​

Embed from Getty Images