Cristiano Ronaldo is being sued for promoting Binance

TL; DR

• Ronaldo partnered with Binance to promote a series of NFTs in mid-2022.

• The complaint claims that as a result, people were influenced to purchase unregistered securities, including Binance’s BNB token. That’s no bueno.

• The lawsuit also claims Ronaldo should have known better because he has investment experience and advisor resources.

• We’ll see if he has legs…

Full story

Yesterday Seb forgot to turn off his microphone during a group conversation and was caught singing Cotton-eye Joe.

(And, like, with a really bad amount of severity).

Later that day our intern came, Kevinclaimed he would sue for “emotional damage.”

His reasoning?

“It will act as a backup if the trial against Cristiano Ronaldo, of which I am a part, does not go my way.”

We, like you, had no idea what he was talking about.

But it turns out that Cristiano Ronaldo (the footballer) has filed a class action lawsuit against him.

Here’s how it happened:

Ronaldo partnered with Binance to promote a series of NFTs in mid-2022.

This launch helped Binance grow in popularity, get people on board for Web3, and more specifically, for Binance’s platform.

The complaint claims that as a result, people were influenced to purchase unregistered securities, including Binance’s BNB token. That’s no bueno.

The lawsuit also claims Ronaldo should have known better because he has investment experience and advisor resources.

Does the suit have legs?

No idea, we are not lawyers.

(But it feels like a range, right?)