Global #binance

The lawsuit implies that Ronaldo, given his investment experience and substantial resources, should have been aware of Binance’s alleged sale of unregistered crypto securities. It references U.S. Securities and Exchange Commission (SEC) guidance cautioning celebrities about disclosing payments received for promoting cryptocurrencies—a step the complaint alleges Ronaldo failed to take.

The crypto market is down today after Robinhood announced delisting of "unregistered securities" tokens from its platform.

According to blockchain analytics platform Kaiko, Binance's market dominance decreased primarily as a result of its choice to stop zero-fee trading for some trading pairs rather than the Commodity Futures Trading Commission's lawsuit.