Research Company Opens Public Poll Regarding Ronaldo’s 1B Dollars Legal Battle with Binance over NFT Ads

Crypto News- Real Research, a groundbreaking blockchain-driven research platform, has turned to social media to tap into the collective wisdom of the public concerning the high-stakes $1 billion legal battle involving football icon Cristiano Ronaldo and his affiliation with Binance.

The research firm made this announcement via an official post on their social media account, calling upon participants from the crypto market and the broader online communities to share their insights on the ongoing class-action lawsuit aiming for a hefty $1 billion in damages. The public input initiative is set to conclude on December 21, offering a one-week window for opinions.

Research Company Opens Public Poll Regarding Ronaldo’s 1B Dollars Legal Battle with Binance over NFT Ads

This legal saga unfolded as a consequence of Ronaldo’s endorsement of Binance’s non-fungible tokens (NFTs). Last year, Binance unveiled the “CR7” collection of NFTs in collaboration with Ronaldo, a gesture aimed at expressing gratitude to his loyal fans for their unwavering support.

Fast forward a year, and Cristiano Ronaldo finds himself entangled in a high-profile lawsuit on U.S. soil stemming from his association with Binance. The plaintiffs argue that the promotional activities led by the Portuguese football star on behalf of Binance were deceptive and illegal.

Moreover, the plaintiffs claim that Binance’s partnerships with influential figures like Ronaldo enticed individuals into making costly and imprudent investment decisions. They further contend that the collaboration with Ronaldo proved exceptionally successful, citing a remarkable 500% surge in online searches for “Binance” following the release of the CR7 NFTs.

The official statement reads:

“The evidence now exposes that Binance’s fraudulent activities soared to unprecedented heights through the sale of unregistered securities, with the eager participation of some of the world’s wealthiest celebrities—much like the defendant, Ronaldo.”

It’s worth noting that Ronaldo’s NFTs fetched prices ranging from $77 to $10,000, capturing pivotal moments from his illustrious career.