Football superstar Cristiano Ronaldo joins hands with Binance to launch the fourth NFT series! Binance NFT market launched on the 29th

Legendary football superstar Cristiano Ronaldo’s tweet a few days ago revealed that he will cooperate with the exchange Binance to launch the 4th NFT series, which will be officially launched on the 29th Binance NFT Market. However, the celebrity is facing a class-action lawsuit worth up to $1 billion due to his promotional cooperation with Binance.

Cristiano Ronaldo joins hands with Binance to launch new NFT series

Ronaldo’s tweet shows that his new NFT series with Binance will be launched on the Binance NFT market on May 29th. in celebration of his illustrious career.

At that time, the details and price of NFT will be announced. It is said that the price of each "ordinary NFT" will be the same, and in the end there will only be "ultra-rare NFT" Prices will vary: My football career has taken me all over the world and I have been honored to play for some of the most prestigious clubs and now it is your turn to join me on this journey .

In addition, looking back at the past NFT empowerment and rewards, including Ronaldo’s autographed posters, football jerseys, exclusive recording videos, and personal participation in Ronaldo’s training process, etc., this welfare Much anticipated.

The US$1 billion lawsuit is not over yet

However, according to reports, Ronaldo had previously signed a long-term cooperation agreement with Binance in June last year and participated in the exchange’s transactions many times. NFT endorsement and sales activities have caused it to face a class action lawsuit worth up to US$1 billion in the U.S. District Court of Florida.

In November last year, several users who claimed to have joined Binance due to Ronaldo’s promotion suffered losses on their NFTs, accusing Ronaldo of participating in and assisting Binance in the sale of unregistered securities in disguise: Ronaldo With investment experience and access to outside resources, he should have been aware that Binance was involved in the sale of unregistered crypto securities.

Previously, global celebrities including Major League Baseball and its player Shohei Ohtani, Mercedes-Benz F1 racing team, NBA Golden State Warriors player Stephen Curry, and comedian Larry David were all rumored to have helped promote The closed exchange FTX was sued.

In July last year, it was reported that the well-known American female singer Taylor Swift had agreed to a cooperation deal with FTX with a price tag of up to US$100 million. The deal was eventually broken due to a dispute between FTX executives and former CEO SBF.

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