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Ronaldo latest celebrity to face fine for promoting crypto

Ronaldo on pitch
Photo: Getty Images

From actors to sports stars, billionaires to influencers, a number of public figures have faced fines for endorsing crypto.

Soccer player Ronaldo is facing a class-action lawsuit due to his involvement with Binance. The partnership included a series of promotional activities beginning in November 2022, with Ronaldo appearing in Binance adverts and launching a collection of non-fungible tokens (NFTs).

Three plaintiffs are seeking damages of “a sum exceeding” $1 billion,

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