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Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement

The suit alleges that Ronaldo "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance."

Updated Mar 8, 2024, 5:56 p.m. Published Dec 1, 2023, 6:44 p.m.
Cristiano Ronaldo, now playing with Al Nassr FC, on Nov. 27 at King Saud University Stadium in Riyadh, Saudi Arabia. (Photo by Khalid Alhaj/MB Media/Getty Images)
Cristiano Ronaldo, now playing with Al Nassr FC, on Nov. 27 at King Saud University Stadium in Riyadh, Saudi Arabia. (Photo by Khalid Alhaj/MB Media/Getty Images)