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<h4><strong>The lawsuit centers around a sponsorship deal gone awry between Ronaldo and Binance.&nbsp;</strong></h4> 
<p>Sources reveal that the dispute primarily revolves around Ronaldo’s alleged failure to promote Binance adequately, leading to a significant loss in the exchange’s investment. Let’s discover more about this news.</p> 
<h5><strong>Cristiano Ronaldo will Pay to Avoid Trial?</strong></h5> 
<p>In a bid to resolve the matter swiftly and discreetly, Ronaldo’s legal team is reportedly considering a settlement amounting to $750,000. While this figure represents a fraction of the total damages claimed by Binance, the football sensation may see it as a strategic move to sidestep a potentially damaging public trial.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">The Portuguese footballing legend Ronaldo launched his own collection of NFTs through Binance, which has now been hit with a $1bn (£791m) class action lawsuit for his involvement in promoting non-fungible tokens.</p> 
 <p>Read more <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f517.png" alt="🔗" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/Ahlf29o3Sp">https://t.co/Ahlf29o3Sp</a></p> 
 <p>— Sky News (@SkyNews) <a href="https://twitter.com/SkyNews/status/1730531404054765819?ref_src=twsrc%5Etfw">December 1, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The decision to settle is likely influenced by the desire to protect Ronaldo’s public image, which has been carefully crafted over the years. A public trial could expose personal details and potentially tarnish the football star’s reputation, even if he were to emerge victorious in court. This move might be a pragmatic move for Ronaldo, considering the cost, time, and uncertainty associated with a protracted legal battle.</p> 
<h5><strong>More About Ronaldo’s Lawsuit</strong></h5> 
<p>The <a href="https://www.altcoinbuzz.io/?s=binance" target="_blank" rel="noopener">Binance</a> lawsuit serves as a reminder that even global icons like Cristiano Ronaldo are not immune to legal disputes, especially in the complex world of celebrity endorsements and sponsorship agreements. While the $750,000 settlement may be seen as a compromise, it could be a strategic choice to safeguard Ronaldo’s image and avoid prolonged legal proceedings that could overshadow his illustrious career on and off the football field.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">JUST IN:</p> 
 <p>To avoid public trial in US, Cristiano Ronaldo May Have To Settle for $750K in $1 Billion Binance lawsuit</p> 
 <p>— Whale | Dinobet.io (@WhaleChart) <a href="https://twitter.com/WhaleChart/status/1730256193384300717?ref_src=twsrc%5Etfw">November 30, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>As the negotiations unfold, the outcome will undoubtedly attract attention from fans, legal experts, and the business world alike. Shedding light on the intricate dynamics of celebrity endorsements and the high-stakes nature of such legal disputes.</p> 
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<p><strong>Disclaimer</strong><br> The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/ronaldo-contemplating-settlement-to-avoid-binance-lawsuit-trial/">Ronaldo Contemplating Settlement to Avoid Binance Lawsuit Trial</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Ronaldo Contemplating Settlement to Avoid Binance Lawsuit Trial

Altcoin Buzz

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