Ronaldinho denies part in alleged $61M crypto scam at congressional hearing

Former soccer player Ronaldinho denies involvement in an alleged $61 million crypto pyramid scheme that used his name and image without authorization, claiming to be a victim of the scheme.

cointelegraph.com

Relevant topic timeline:

8/27/2023

Soccer Legend Ronaldinho Investigated Over Participating in a Crypto Scam (Report)

Brazilian authorities are investigating soccer legend Ronaldinho over allegations that he participated in a cryptocurrency scam, with the former player failing to appear in court to testify.

8/27/2023

Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil

Brazilian soccer star Ronaldinho Gaúcho could potentially be detained by authorities to testify in a crypto fraud investigation after failing to appear before Congress in relation to a pyramid scheme probe allegedly connected to his company, '18kRonaldinho', which promised clients daily profits of over 2% through crypto investments.