Cristiano Ronaldo Launches Fourth NFT Collection with Binance Amid Legal Challenges
May 26, 2024
Cristiano Ronaldo partners with Binance to unveil his fourth non-fungible token (NFT) collection, slated to launch on May 29 on the Binance NFT Marketplace. The collection will commemorate Ronaldo's illustrious football career with highlights from his journey. While specific details regarding the number of NFTs and pricing remain undisclosed until the launch, Ronaldo emphasises the global nature of his football journey and invites fans to join him in celebrating his legacy. Past NFT events involving Ronaldo have offered unique experiences, such as opportunities to play football with the superstar. However, Ronaldo faces legal challenges, as he was sued in a class action lawsuit in a U.S. district court over his previous involvement in NFT sales with Binance. The lawsuit alleges that Ronaldo participated in the sale of unregistered securities alongside Binance, a claim stemming from Binance's legal issues and its founder, Changpeng Zhao, being found guilty of enabling fraud and sentenced to four months in detention for alleged involvement in a money laundering scheme.
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