Cristiano Ronaldo, a world-renowned footballer facing a class action lawsuit is uncalled for.
Bringing financial damages to his followers by aiding and abetting Binance’s fraudulent practices.
Binance doesn't really care about anyone's status or image but it portfolio and how to make his exchange boom, they knew Ronaldo who has more than 850 million followers across several social media platforms will go along way to make it business boom that's why they signed a multi-year contract just to promote unregistered crypto securities.
And these unregistered crypto securities promoted by Ronaldo caused a 2,5500% increase in celebrity NFT searches by his followers and the rest of the world.
whereby making Binance grew by nearly 5000%.
1.I don't think that Binance had put a gun next to Ronaldo's head and forced him to sign a contract. Obviously he voluntarily agreed to such deal, because he wants money.
2.Are you suggesting that Binance grew by nearly 5000% mostly because of Christiano Ronaldo was promoting them? I don't believe this.
3.AFAIK, the promotion of NFTs isn't illegal in most countries around the world. Maybe it will become illegal in the future, but nobody can be held responsible for promoting something that is completely legal.
Ronaldo's followers(and everyone else) must deal with caution when it comes to centralized crypto companies, NFTs and other pump and dump shitcoin projects. When you are financially irresponsible, blaming someone else for your poor financial decisions won't change anything.