Binance Users Seek to Serve $1B Lawsuit to Ronaldo via Elon Musk’s X Binance customers
are seeking approval from a Florida federal court to serve the world renowned soccer player Cristiano Ronaldo with the $1 billion proposed class action through the social media
platform X, formerly Twitter. In a latest filing,
plaintiff Michael Sizemore is requesting an order authorizing to serve Ronaldo via X, and email to soccer player’s current counsel representing him
in other federal litigation. Portuguese football icon
Cristiano Ronaldo is currently facing a billion-dollar class-action lawsuit, accused of promoting non-fungible tokens
(NFTs) linked to the troubled exchange Binance. Filed in the Southern District of Florida in November last year,
the lawsuit contends that Ronaldo’s endorsement of Binance was both deceptive and illegal. Plaintiffs argue that partnerships
between Binance and influential figures like Ronaldo led them into risky and costly investments.
The lawsuit claims that
Binance’s fraudulent activities, including the sale of unregistered securities, were facilitated with the support of wealthy organizations and global celebrities, including Ronaldo. Ronaldo is still promoting Binance as per a post on Binance’s X account on Jan 17, where the soccer legend can be seen with social media influencer
Khaby lame wearing a Binance merchandise.
