Binance Users Lawsuit Seeks Cristiano Ronaldo For Their Loss of Investments

The post Binance Users Lawsuit Seeks Cristiano Ronaldo For Their Loss of Investments appeared first on Coinpedia Fintech News

Cristiano Ronaldo, a Portuguese soccer player is under fire again by the Binance user. Recently he was hit with a class-action lawsuit seeking at least $1 billion in damages for his role in promoting cryptocurrency-related “non-fungible tokens,” or NFTs, issued by the beleaguered cryptocurrency exchange Binance.

Details About Ongoing Conflict

On January 16, a motion was filed against Ronaldo by the users who lost their investments to Ronaldo’s promotions. Users are reaching out to the court as it is very difficult to reach this mega player. User proposal involves e-mail, X, and website publication, claiming that it complies with international contracts and provides notice to the defendant. The major reason behind this filing is users are complaining about Ronaldo’s current location in Saudi Arabia.