Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Cristiano Ronaldo faces class action lawsuit for allegedly promoting unregistered securities Binance
TRADING NEWS

Cristiano Ronaldo faces class action lawsuit for allegedly promoting unregistered securities Binance

By Crypto FlexsNovember 29, 20231 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cristiano Ronaldo faces class action lawsuit for allegedly promoting unregistered securities Binance
Share
Facebook Twitter LinkedIn Pinterest Email

Professional soccer star Cristiano Ronaldo is facing a proposed class action lawsuit for allegedly actively participating in the promotion of unregistered securities on Binance. The lawsuit alleges that Ronaldo’s NFT promotions tied to Binance encouraged investments in unregistered securities, including Binance’s BNB and cryptocurrency yield programs.

Ronaldo’s Influence and Binance’s Legal Issues

The lawsuit highlights the substantial influence of Ronaldo, who has 850 million social media followers, and his role in promoting Binance. The legal action comes as Binance and its founder Changpeng “CZ” Zhao face their own legal issues, including a $4.3 billion settlement for violating anti-money laundering laws and operating an unregistered money transfer business.

Allegations of Lack of Disclosure and SEC Guidance

The plaintiffs allege that Ronaldo failed to disclose the amount he paid to promote the cryptocurrency and violated SEC guidelines. The lawsuit claims that Ronaldo should have known about Binance’s sale of unregistered cryptocurrency securities based on his investment experience. The proposed class action seeks damages and legal fees.

Binance’s Legal Issues

After Binance and CZ pleaded guilty and faced legal consequences, the SEC sued the exchanges, alleging sales of unregistered securities and investigating possible misappropriation of customer funds. Ronaldo’s participation further aggravates the legal issues surrounding Binance.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SBF’s

October 31, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Australia provides clarity on cryptocurrency regulation with new guidelines

October 29, 2025
Add A Comment

Comments are closed.

Recent Posts

SBF’s

October 31, 2025

Open Miner Cloud Mining Revolutionizes Cryptocurrency Mining, Generating Up To $32,000 In Daily Profits.

October 31, 2025

Analysts predict a 1,500% rally when PEPE price reaches $0.00012.

October 30, 2025

Unibase (UB), Humanity (H), And ConstructKoin (CTK) Are This Week’s Crypto Winners As Decentralized Infra Shines

October 30, 2025

Let AI Work For You — Empowering Everyone To Profit From The Intelligence Era

October 30, 2025

NOWPayments Launches $0 USDT (TRC20) Network Fee Offer For New Partners

October 30, 2025

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Ethereum whales doubled down on ETH as the $5,000 price target moves higher.

October 30, 2025

SOL remains fixed below $200 despite surge in ETF trading volume

October 30, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

SBF’s

October 31, 2025

Open Miner Cloud Mining Revolutionizes Cryptocurrency Mining, Generating Up To $32,000 In Daily Profits.

October 31, 2025

Analysts predict a 1,500% rally when PEPE price reaches $0.00012.

October 30, 2025
Most Popular

Two new altcoins listed on Korea’s largest cryptocurrency exchange

February 27, 2024

Mirage of Dubai: This city may be paradise, but not for cryptocurrency entrepreneurs.

December 23, 2023

Italian and South Korean central banks pave the way for CBDC development

December 6, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.