Posted 12/15/2023, 8:00:32 PM
Binance Faces Legal Troubles Over Money Laundering and Crypto Endorsements
- Binance fined $4.3 billion by U.S. Justice Dept for money laundering and aiding criminals
- Former Binance CEO CZ stepped down and admitted mistakes
- Class action lawsuit filed against Cristiano Ronaldo seeking $1 billion in damages
- Lawsuit alleges Ronaldo's promotion of NFT collection on Binance platform caused financial losses
- This follows other lawsuits against celebrities like Kim Kardashian for crypto endorsements