Cristiano Ronaldo, a world-renowned footballer facing a class action lawsuit is uncalled for.
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 asset. 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.
Are you saying that celebrities are not permitted to promote anything related to cryptocurrency? How then do Bitcoin get the much needed exposure and adoption that we all chant about everyday? Cristiano Ronaldo did advertisement which is what anybody can do, his team might have researched and saw nothing wrong with Binance and the projects/programs involved but if it turn out to be bad, they are not supposed to be held responsibility as no one was forced to invest in them.
Now you wear the signature of a crypto-powered casino which by extension is a cryptocurrency platform. How will you feel if you are sued for wearing such signature if something happens in the future? It was not long when there were issues with mixers that were heavily promoted in this platform, will it be fine to sue all those that wore the signatures of those failed projects? By supporting that C. Ronaldo be sued, you are directly practicing double standard and that is not good. Meanwhile don't take my comment as a direct attack, we are just having a conversation and sometimes it is good we keep level playing field for everyone irrespective of their social status.