C. Ronaldo faces charges of collaborating with a cryptocurrency and NFT distribution company

2023-12-01 12:28 © „Reuters“

Cristiano Ronaldo could face serious trouble for illegal collaboration with cryptocurrencies and NFT distribution giant "Binance."

ESPN reports that a lawsuit has been filed in Florida regarding C. Ronaldo's collaboration with this company and NFT distribution.

"Binance" company released a special NFT "CR7" collection before the 2022 World Cup, immortalizing the most important moments of C. Ronaldo's career and life.

The prices of "CR7" NFT ranged from 77 to 10 thousand US dollars.

In the lawsuit, C. Ronaldo is accused of unfair advertising and failure to disclose collaboration terms required by law.

According to ESPN, C. Ronaldo filed a lawsuit for 1 billion US dollars.