Ronaldo Kicks Off 4th NFT Collection Despite $1B Lawsuit

Despite ongoing efforts to indict the soccer superstar, Ronaldo looks to kick off his fourth NFT collection with Binance.

Christiano Ronaldo standing next to his binance NFTs.
Created by Kornelija Poderskytฤ— from DailyCoin
  • Cristiano Ronaldo is launching his 4th NFT collection. 
  • The NFT collection is moving to launch despite his ongoing $1 billion lawsuit. 
  • The soccer superstar has yet to be served with the lawsuit. 

Five-time Ballon dโ€™Or soccer star Cristiano Ronaldo is treating his fans with yet another exciting NFT collection, despite ongoing efforts to indict the superstar for allegedly promoting unregistered securities and enticing unsuspecting investors through Binance. 

Ronaldoโ€™s 4th NFT Collection

Cristiano Ronaldo has announced he will kick off his fourth NFT collection in collaboration with Binance.

Sponsored

This new collection, set to launch on May 29 on the Binance NFT Marketplace, will celebrate Ronaldo’s legendary career by highlighting key moments from his football journey.

In a blog post, Ronaldo shared:

โ€œMy football journey has seen me travel around the world, and Iโ€™ve been honored to play for some of the most prestigious clubs out there. Now itโ€™s your turn to join me on that journey, too.โ€

While specific details like the total number of NFTs have yet to be revealed, the post confirmed that the price will be consistent for every โ€œNormal NFT.โ€ However, pricing for the โ€œSuper Rareโ€ and โ€œSuper Super Rareโ€ NFTs will vary. 

Ronaldoโ€™s latest NFT collection moves to launch despite his ongoing $1 billion class action lawsuit in the US.

Following the conviction of the exchange and its founder, Changpeng โ€œCZโ€ Zhao, a group of users filed a lawsuit against Ronaldo, accusing him of promoting unregistered securities and enticing unsuspecting investors.

Plaintiffs contended that Binance leveraged Ronaldoโ€™s immense influence to reach and attract new users to the exchange, including unsuspecting investors enticed into buying unregistered securities.  

The plaintiffs also claimed that Ronaldoโ€™s massive following of 850 million people across social media platforms was instrumental in propelling Binance to greater heights. Following the initial launch of Cristianoโ€™s NFT collection, search engine volumes for โ€œBinanceโ€ rose to an outstanding 500%.

The case against Ronaldo is still developing. Given the elusive nature of his residence, the soccer star has yet to be served. Plaintiffs are resorting to unconventional methods, including sending social media messages and emails to Ronaldoโ€™s current litigation counsel.

On the Flipside

Why This Matters

Cristiano Ronaldo is one of history’s most decorated and accomplished soccer players. The new collection offers a way to engage with fans and celebrate his milestones.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Insha Zia

Insha Zia is a senior journalist at DailyCoin covering crypto developments, especially in the Cardano ecosystem. With a Bachelor of Science in Computer Systems Engineering, he delivers high-quality articles with his technical background and expertise in data analysis and programming languages, aiming to educate and inform readers accurately, transparently, and engagingly. Insha believes education can drive mass adoption of the crypto space, and he is committed to giving DailyCoin readers a better understanding of the technology.

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