Ronaldo Sued for Promoting Binance's Allegedly Unregistered Crypto Products
• Cristiano Ronaldo sued for promoting Binance and its alleged unregistered securities through his NFT partnerships
• Lawsuit claims Ronaldo's promotion increased Binance usage and investments in products like BNB token and yield programs
• Suit alleges Ronaldo knew or should have known Binance sold unregistered crypto securities
• Ronaldo didn't disclose payments received for crypto promotions as advised by SEC
• Meanwhile, Binance and CEO are facing own legal troubles - $4.3B settlement with US, compliance monitoring, SEC investigation over funds