Ronaldo Faces $1B Lawsuit Over Binance Endorsement
• Soccer star Cristiano Ronaldo faces $1B lawsuit over Binance endorsement
• Suit alleges Ronaldo promoted and assisted in sale of unregistered securities on Binance
• Lawsuit purports to represent consumers who bought unregistered crypto assets on Binance
• Ronaldo allegedly encouraged followers to invest in Binance in exchange for compensation
• Suit comes amid other legal issues for Binance involving SEC charges and sanctions violations