- The Ronaldo lawsuit for Binance endorsement is intensifying.
- The plaintiffs aim to serve the soccer star publicly on social media platforms.
- Ronaldo is accused of touting Binance’s offerings and enticing investors.
The November DOJ-Binance saga resulted in intense scrutiny of the exchange’s operations, including collaborations with public figures such as soccer player Cristiano Ronaldo. Following the conviction of the exchange and its founder, Changpeng “CZ” Zhao, a group of users filed a lawsuit against Ronaldo, accusing him of promoting unregistered securities and enticing unsuspecting investors.
As efforts to secure the indictment of the soccer superstar have presented challenges, the plaintiffs are now bolstering their tactics in pursuing a case.
Ronaldo Lawsuit Amped
In a filing to the United States District Court for the Southern District of Florida, the plaintiffs have petitioned for the court’s authorization to serve Defendant Cristiano Ronaldo with a public notice.
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The notice is intended to be disseminated through the social media platform X (formerly Twitter) and via emails directed to Ronaldo’s present litigation counsel. Additionally, the plaintiffs propose delivering the notice through the publication on a designated service website crafted by their legal representatives.
Given the elusive nature of the renowned soccer player’s residence, the lobby for the unconventional approach stems from the challenge of determining Cristiano Ronaldo’s current residential address.
Suppose the court does not grant immediate authorization. In that case, the plaintiffs vowed to continue investigating Ronaldo’s current whereabouts to effect service through any authorized means under the Federal Rules of Civil Procedure and applicable laws.
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To find out more about the Binance-Ronaldo partnership, read here:
Ronaldo Faces Binance’s Lie Detector as CR7 NFTs Evolve
Read out more about about altcoins and SUI’s market performance:
SUI Token Records 300% Price Uptick Amid Soaring TVL
