Legal Blow for Cristiano Ronaldo as Judge Denies Dismissal Motion

In a legal blow to Cristiano Ronaldo, the famed Portuguesesoccer star, the judge overseeing the $1 billion class action lawsuit againsthim has rejected his motion to dismiss the case. The lawsuit, filed in Florida,accuses Ronaldo of endorsing Binance, which allegedly led investors into making costly and riskyinvestments.

Ronaldo's Motion Denied in Binance NFT Lawsuit

Judge Roy Altman's ruling, issued on May 4, followed arequest from the plaintiffs to stay proceedings until a ruling on a motion tocompel arbitration. Simultaneously, the judge denied Ronaldo's motion todismiss the case, stating: "We deny without prejudice the Defendant's 29 motionto dismiss."

The lawsuit revolves around Ronaldo's promotion of Binance,particularly in relation to a collection of non-fungible tokens (NFTs) launchedin partnership with the soccer star in November 2022, called "CR7."Through social media endorsements and other promotional activities, Ronaldoencouraged fans to invest in Binance, promising rewards and emphasizing thepotential of NFT investments.

Cristiano Ronaldo Suffers Legal Blow For Promoting Unsafe CR7 NFTs by Cryptocurrency Exchange Binance#CR7 | #CristianoRonaldo | #Cryptocurency https://t.co/aBXitJjvU3

Back in November 2022, Finance Magnates reported that Ronaldo,was set to unveilhis inaugural non-fungible token (NFT) collection exclusively on theBinance NFT marketplace. This launch marks the culmination of a multi-yearpartnership deal between the Portuguese star and Binance, initiated nearly fivemonths ago.

Binance announced that the collection aims to provideRonaldo's fans with an introduction to Web3 through the realm of NFTs. Thepartnership aimed to facilitate broader blockchain understanding while alsoshowcasing Binance's role in building Web3 infrastructure for the sports andentertainment sector.

Arbitration Stay Granted in Binance Endorsement Lawsuit

Ronaldo's endorsements of Binance extended to his Instagramaccount, where he frequently touted the exchange and its associated products.Despite the legal action, Ronaldo's publicist has not yet provided comment onthe matter.

The plaintiffs in the lawsuit are seeking damages exceeding$1 billion, alleging that Ronaldo's endorsements led them into makinginvestments that resulted in financial losses. Their request for the case to bestayed for arbitration, which would involve a third party resolving thedispute, has been granted by Judge Altman.

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Binance Unveils Cristiano Ronaldo NFT Collection 'Forever Worldwide: The Road to Saudi Arabia'

Binance collaborates with Cristiano Ronaldo for exclusive NFT collection. (Read More)

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Binance Reloads Ronaldo CR7 NFT Collection with a Lineup of IRL Perks

Cristiano Ronaldo gives congratulations to the holders as Binance rolls out a list of real-life gratuities.

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Binance Thinks Cristiano Ronaldo is the Greatest of All Time

In an exciting collaboration, Binance and Cristiano Ronaldo have announced the upcoming release of their second NFT (non-fungible token) collection, titled ForeverCR7: The GOAT. (Read More)

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Binance and Cristiano Ronaldo First Exclusive NFT Drops

The captain of the Portuguese national football team, Cristiano Ronaldo, has partnered with Binance to launch his first NFT collection. The international cryptocurrency exchange Binance and the football player have entered into an exclusive multi-year partnership. The launch is scheduled just before the 2022 FIFA World Cup in Qatar, which gets underway on November 20. Ronaldo plans […]

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Cristiano Ronaldo to Release First NFT Collection on Binance on Friday

<p class="MsoNormal">Top footballer, Cristiano Ronaldo, will exclusively release his first non-fungible token (NFT) collection on the Binance NFT marketplace on Friday. The launch comes almost five months after the Portuguese football star <a href="https://www.financemagnates.com/cryptocurrency/exchange/binance-inks-partnership-deal-with-cristiano-ronaldo/" target="_blank">signed</a> a multi-year partnership deal with Binance. </p><p class="MsoNormal">The collection is aimed at giving the footballer’s “fans an introduction to Web3 through the world of NFTs,” Binance <a href="https://www.binance.com/en/blog/nft/cristiano-ronaldo-launches-first-nft-collection-with-binance-129231482736134540">announced</a> on Tuesday. The partnership will help more people to understand blockchain, He Yi, Binance’s Co-Founder and Chief Marketing Officer said, adding that the deal will also help the top exchange to “showcase how are building Web3 infrastructure for the sports and entertainment industry.” </p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Own a piece of sports history forever with the <a href="https://twitter.com/Cristiano?ref_src=twsrc%5Etfw">@Cristiano</a> Ronaldo NFT collection.Coming soon, exclusively on <a href="https://twitter.com/hashtag/Binance?src=hash&ref_src=twsrc%5Etfw">#Binance</a>. Sign up now with code RONALDO for a surprise when the collection drops.</p>— Binance (@binance) <a href="https://twitter.com/binance/status/1592520467482660864?ref_src=twsrc%5Etfw">November 15, 2022</a></blockquote><p class="MsoNormal">Speaking ahead of the launch, Ronaldo noted that the launch “rewards fans for all the years of support” in addition to capturing the passion for football. “It was important to me that we created something memorable and unique for my fans as they are such a big part of my success,” the footballer star said in the statement released by <a href="https://www.financemagnates.com/tag/binance/" target="_blank">Binance</a>. </p><p class="MsoNormal text-align-justify">More on the NFT Collection </p><p class="MsoNormal">According to Binance, the first <a href="https://www.financemagnates.com/tag/nfts/" target="_blank">NFT collection</a> comprises seven animated statues of the football star’s iconic moments “from career-defining bicycle kicks to his childhood in Portugal.” </p><p class="MsoNormal">The leading cryptocurrency infrastructure provider further noted that the NFTs will be released on the basis of “four rarity levels” tagged Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). Binance said five SSR and 40 SR NFTs will be auctioned on Friday starting at 10,000 BUSD for SSR and 1,700 BUSD for SR. </p><p class="MsoNormal">The top cryptocurrency exchange further said 6,600 NFTs comprising 600 R and 6,000 N will be offered via its Subscription Mechanism Launchpad. The Normal rarity will be auctioned starting at 77 BUSD, the cryptocurrency exchange said, adding that each rarity level will be packaged with its own set of exclusive perks. </p><p class="MsoNormal">“Future sets of the Cristiano Ronaldo NFT collection will be available in early 2023,” Binance further said, noting that all collections will be available exclusively on its platform.</p> This article was written by Solomon Oladipupo at www.financemagnates.com.

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Cristiano Ronaldo to Release the First NFT Collection on Binance on Friday

<p class="MsoNormal">A famous footballer, Cristiano Ronaldo, will exclusively release his first non-fungible token (NFT) collection on the Binance NFT marketplace on Friday. The launch comes almost five months after the Portuguese football star <a href="https://www.financemagnates.com/cryptocurrency/exchange/binance-inks-partnership-deal-with-cristiano-ronaldo/" target="_blank">signed</a> a multi-year partnership deal with Binance. </p><p class="MsoNormal">The collection is aimed at giving the footballer’s fans an introduction to Web3 through the world of NFTs, Binance <a href="https://www.binance.com/en/blog/nft/cristiano-ronaldo-launches-first-nft-collection-with-binance-129231482736134540">announced</a> on Tuesday. The partnership will help more people to understand blockchain, He Yi, Binance’s Co-Founder and Chief Marketing Officer said, adding that the deal will also help the top exchange to “showcase how we are building Web3 infrastructure for the sports and entertainment industry.” </p><blockquote class="twitter-tweet"><p dir="ltr" lang="en">Own a piece of sports history forever with the <a href="https://twitter.com/Cristiano?ref_src=twsrc%5Etfw">@Cristiano</a> Ronaldo NFT collection.Coming soon, exclusively on <a href="https://twitter.com/hashtag/Binance?src=hash&ref_src=twsrc%5Etfw">#Binance</a>. Sign up now with code RONALDO for a surprise when the collection drops.</p>— Binance (@binance) <a href="https://twitter.com/binance/status/1592520467482660864?ref_src=twsrc%5Etfw">November 15, 2022</a></blockquote><p class="MsoNormal">Speaking ahead of the launch, Ronaldo noted that the launch “rewards fans for all the years of support” in addition to capturing the passion for football. “It was important to me that we created something memorable and unique for my fans as they are such a big part of my success,” the footballer star said in the statement released by <a href="https://www.financemagnates.com/tag/binance/" target="_blank">Binance</a>. </p><p class="MsoNormal text-align-justify">More on the NFT Collection </p><p class="MsoNormal">According to Binance, the first <a href="https://www.financemagnates.com/tag/nfts/" target="_blank">NFT collection</a> comprises seven animated statues of the football star’s iconic moments “from career-defining bicycle kicks to his childhood in Portugal.” </p><p class="MsoNormal">The leading cryptocurrency infrastructure provider noted that the NFTs will be released on the basis of 'four rarity levels' tagged Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). Binance said five SSR and 40 SR NFTs will be auctioned on Friday starting at 10,000 BUSD for SSR and 1,700 BUSD for SR. </p><p class="MsoNormal">On top of that, the top cryptocurrency exchange said 6,600 NFTs comprising 600 R and 6,000 N will be offered via its Subscription Mechanism Launchpad. The Normal rarity will be auctioned starting at 77 BUSD, the cryptocurrency exchange said, adding that each rarity level will be packaged with its own set of exclusive perks. </p><p class="MsoNormal">“Future sets of the Cristiano Ronaldo NFT collection will be available in early 2023,” Binance added, noting that all collections will be available exclusively on its platform.</p> This article was written by Solomon Oladipupo at www.financemagnates.com.

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Binance Scores a Deal with TikTok Star Khaby Lame

'Keep it simple', says the Crypto Captain Obvious

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Crypto Flipsider News – Harmony $100M Hack, Coinbase Launch Derivatives, Ronaldo NFT Deal, Bankman-Fried Bails BlockFi, Voyager Reduces Withdrawal

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Crypto Flipsider News – Harmony $100M Hack, Coinbase Launches Derivatives, Ronaldo NFT Deal, Bankman-Fried Bails out BlockFi, Voyager Reduces Withdrawal Limit

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Continue reading Crypto Flipsider News – Harmony $100M Hack, Coinbase Launches Derivatives, Ronaldo NFT Deal, Bankman-Fried Bails out BlockFi, Voyager Reduces Withdrawal Limit at DailyCoin.com.

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Cristiano Ronaldo to Bring his Fans into Web3.0 through Binance Partnership

Binance exchange has signed Cristiano Ronaldo, a Portuguese footballing legend who now plays for Manchester United FC in an exclusive multi-year deal. (Read More)

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Battle Of The GOATs: Cristiano Ronaldo Scores Big With NFT Launch, Will Lionel Messi Follow Suit?

At the beginning of July, Binance announced its latest collaboration with soccer superstar Cristiano Ronaldo. The partnership will launch a new non-fungible token (NFT) collection called “Forever CR7: The GOAT,” featuring 20 unique designs spread across four rarity levels.  The collection will celebrate some of the most iconic moments from Ronaldo’s illustrious career, with each NFT representing a significant goal or milestone. Cristiano Ronaldo’s NFT Collection On Binance The “Forever CR7: The GOAT” collection is significant because it marks a major milestone in the convergence of sports and NFTs. The partnership between Binance and Ronaldo is expected to generate significant interest within the crypto and sports communities.  Binance’s CEO, Changpeng Zhao, commented on the partnership, saying they are thrilled to partner with Ronaldo on this new NFT collection. Ronaldo is one of the greatest soccer players ever and a global icon with an enormous fan base. They believe the Forever CR7 collection will be a huge success and milestone in the sports and NFT industries. Related Reading: Crypto Update: Top 3 Altcoins To Watch This Week The growing trend of athletes monetizing their brands through digital collectibles is evident in the NFT collections released by other sports stars.  For example, American football quarterback Tom Brady partnered with NFT platform Autograph to release a collection of digital collectibles in 2021, while basketball player JaVale McGee released a collection of NFTs called “Mint Condition” through the NFT marketplace, OpenSea.  Other sports stars who released NFTs include soccer players Gerard Pique, Mesut Ozil, and boxer Tyson Fury. But there is a possibility of another battle between two of soccer’s greatest players, often considered the GOATs in the sport, but this time off the pitch. Will Lionel Messi enter the NFT marketplace and release his collection in collaboration with a major exchange like Binance to compete with Cristiano Ronaldo? Messi Vs. Ronaldo, Is An NFTs Showdown On The Horizon? Lionel Messi has already made his mark in the NFT world by releasing his latest collection in collaboration with Ethernal Labs. The collection features five digital collectibles commemorating Messi’s international career, and they are available for purchase using Ethernity’s native crypto token, ERN.  In a statement, Messi expressed his excitement about his latest NFT collection and his partnership with Ethernal Labs:  I am happy to kick off my next NFT collection in partnership with Ethernal Lab. I look forward to joining my fans in celebrating my career with my National Team with this NFT experience on the ethernity.io marketplace.  There is a possibility that Messi may collaborate with a major exchange such as Binance or with a different company or project to expand his NFT venture further and compete with Ronaldo’s offerings. Such a collaboration would give Messi access to a broader market and allow him to reach a more extensive fan base.  This prospect is even more interesting because Binance sponsors the Argentinian National soccer team. This link between the exchange and Messi’s home country could provide the perfect opportunity for the two parties to come together and create something extraordinary.  Binance’s Argentinian National soccer team sponsorship could also provide a unique marketing opportunity for the exchange. By collaborating with Messi, Binance could tap into the massive fan base of the soccer star and reach a wider audience in Latin America and beyond.   Messi’s popularity and success in the NFT space and Binance’s reputation and Argentinian National soccer team sponsorship make this collaboration a natural fit. The soccer star’s latest NFT collection with Ethernal Labs has already shown his potential to succeed in the NFT market, and a partnership with Binance or with a different project could take his NFT offerings to the next level. Messi To Launch NFTs With Planet Token? Another strong possibility is that Messi will launch an NFT on PLANET, a platform using blockchain technology to fight against climate change. Via his Instagram account, Messi could have hinted at the potential partnership. In a video shared with his followers, the football player stated, “I’m working on something.” As seen in the post, the video contains PLANET’s logo. On their social media, the projected responded with the following post. ?? ?? ?? #Planet #JoinThePlanet $PLANET pic.twitter.com/rWbPlGVwly — Planet (@JoinOurPlanet) July 6, 2023  Related Reading: PEPE Potential Rebound: Key Details You Shouldn’t Miss Featured image from Cristiano on Twitter, chart from TradingView.com

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Bitcoins Massive Craze: Saylor Pushes Crypto Collection for Ronaldo

Michael Saylor, the founder of MicroStrategy and a leading advocate for Bitcoin (BTC), recently made waves with an unexpected pitch. Saylor proposed a “Bitcoin collection” to football icon Cristiano Ronaldo, one of the most celebrated athletes in the world. The pitch came after Ronaldo posted about his latest luxury timepieces on social media. These timepieces, […]

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The ‘Forever CR7: The GOAT’ NFT Collection Goes Live on Binance

The highly anticipated ‘Forever CR7: The GOAT’ NFT collection has finally arrived, and it is now live on the popular cryptocurrency exchange, Binance. This unique collection celebrates Ronaldo’s unrivaled goal-scoring prowess and offers fans an opportunity to own a piece of his illustrious career. With 838 goals and counting, Cristiano Ronaldo has cemented his status […]

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Cristiano Ronaldo Goes Crypto Again: Drops Second NFT Collection On Binance

Cristiano Ronaldo, an acclaimed football player, recently made waves in the news for reasons aside from his prowess on the field. He has expanded his involvement in Non-Fungible Tokens (NFTs) by presenting his second NFT collection. This offering aims to celebrate Ronaldo’s exceptional accomplishments throughout his illustrious career, particularly showcasing his unique goals in soccer. [...]

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