Riyadh – Plaintiffs alleging losses from Cristiano Ronaldo’s endorsement of the now-legally plagued cryptocurrency exchange Binance have filed a proposed class-action lawsuit against the football player. The statement said: “Ronaldo’s promotions solicited or assisted Binance in soliciting investments in unregistered securities by encouraging his millions of followers, fans, and supporters to invest with the Binance platform.” According to the lawsuit, Ronaldo was a crucial element of Binance’s rising popularity because of his influence and reach, with 850 million followers across social media.