Cristiano Ronaldo Entangled in Legal Battle Over Binance Promotion

Key Takeaways

Cristiano Ronaldo is sued for promoting Binance, allegedly aiding in selling unregistered securities.
The lawsuit underscores Ronaldo’s influence on Binance’s popularity and questions his compliance with SEC guidelines.
Binance faces its own legal challenges, including a $4.3 billion settlement with the US government and ongoing SEC investigations.

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