• Ronaldo faces a $1 billion lawsuit over promoting Binance.
• The lawsuit claims Ronaldo’s endorsement boosted Binance searches by 500%.
• A U.S. court denied Ronaldo’s bid to dismiss the lawsuit in May 2024.

Cristiano Ronaldo’s partnership with Binance, the world’s leading crypto exchange, has encountered some bumps, including a $1 billion lawsuit against the soccer superstar.

CR7 inked a multi-year deal with Binance to boost the NFT market, positioning Ronaldo as a key figure in global crypto adoption. The partnership also aims to attract new investors to crypto and set the stage for future collaborations in the Web3 space.

On May 29, Binance collaborated with Ronaldo, popularly known as CR7, to unveil the Forever Worldwide: The Road to Saudi Arabia NFT collection exclusively on the Binance NFT marketplace. 

The collection was the fourth in their collaboration and featured seven unique NFTs, highlighting Ronaldo’s career in Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia, and Portugal. Owners of the collection were rewarded based on the number of NTFs owned.

Moreover, the collection was introduced in stages, culminating in an auction on June …

The post Ronaldo’s Binance Ties Face $1 Billion Lawsuit appeared first on Coin Edition.

• Ronaldo faces a $1 billion lawsuit over promoting Binance.
• The lawsuit claims Ronaldo’s endorsement boosted Binance searches by 500%.
• A U.S. court denied Ronaldo’s bid to dismiss the lawsuit in May 2024.

Cristiano Ronaldo’s partnership with Binance, the world’s leading crypto exchange, has encountered some bumps, including a $1 billion lawsuit against the soccer superstar.

CR7 inked a multi-year deal with Binance to boost the NFT market, positioning Ronaldo as a key figure in global crypto adoption. The partnership also aims to attract new investors to crypto and set the stage for future collaborations in the Web3 space.

On May 29, Binance collaborated with Ronaldo, popularly known as CR7, to unveil the Forever Worldwide: The Road to Saudi Arabia NFT collection exclusively on the Binance NFT marketplace. 

The collection was the fourth in their collaboration and featured seven unique NFTs, highlighting Ronaldo’s career in Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia, and Portugal. Owners of the collection were rewarded based on the number of NTFs owned.

Moreover, the collection was introduced in stages, culminating in an auction on June …

The post Ronaldo’s Binance Ties Face $1 Billion Lawsuit appeared first on Coin Edition.