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<ul><li>Ronaldinho vehemently denies involvement in a $61 million crypto scam, positioning himself as a victim during a congressional hearing.</li><li>Striking evidence was presented, showcasing images from 18kRonaldinho&#39;s marketing materials.</li><li>The high-profile case unfolds amidst a rising trend of cryptocurrency fraud in Brazil, with Ronaldinho&#39;s testimony crucial in an ongoing investigation.</li></ul>Brazilian soccer icon Ronaldo de Assis Moreira, better known as Ronaldinho, delivered a compelling defense during a congressional <a href="https://www.youtube.com/watch?v&#61;YO0xjCZcdOA" rel="noopener noreferrer nofollow">hearing</a> on August 31 as he vehemently denied involvement in a $61 million cryptocurrency pyramid scheme that bore his name. According to a recent <a href="https://www1.folha.uol.com.br/esporte/2023/08/em-cpi-ronaldinho-nega-envolvimento-em-piramide-financeira-com-criptomoeda.shtml" rel="noopener noreferrer nofollow">report</a>, this crypto scheme, operating under &#34;18kRonaldinho&#34;, promised investors daily returns of 2% on their cryptocurrency investments. As the allegations grew, a lawsuit was filed against the firm to recover the staggering $61 million in damages.Ronaldinho left no room for doubt, asserting that he had never partnered with the company and stressing that his name and image had been used without authorization. In a bold move, he positioned himself as a victim of the alleged scheme before the Congressional committee, vehemently asserting his innocence.During the hearing, striking images from 18kRonaldinho&#39;s marketing materials, featuring the football legend prominently, were presented as evidence. Ronaldinho, the former Paris Saint-Germain, F.C. Barcelona, and AC Milan star, clarified that these images stemmed from a marketing contract he had signed in July 2019 with a subsidiary of the company, known as &#34;18K Watches&#34;.Read full article at<a href="https://cryptotale.org/ronaldinho-clears-his-name-in-61-million-crypto-scam-allegations/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Ronaldinho Clears His Name in $61 Million Crypto Scam Allegations

CryptoTale

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