I am not a fan of Ronaldo neither am I a fan of Binance. I have two arguments here.

1. I agree that he should be sued. From the time he signed the contract to accept the influencing gig at Binance he should have known that the downside is the likelihood of getting sue for promoting a very risky and volatile assets. This is not new to celebrities. Steph Curry, David Ortiz, Shohei Ohtani, Naomi Osaka, Kevin “Mr. Wonderful” O'Leary who promoted FTX were also sued. I don't know the outcome of the case yet.

2. As for the investors, it is just a childish behaviour to invest in a high risk asset with the potential of losing all their monies. And then when they lose their monies, they turn around and accuse the influencer of deceiving them when the warnings of cryptocurrencies and NFTs are all over the internet. They are investors and in every investments risks involved that is one of the basic rules of contract law.