No-Display Ronaldinho Breaks Silence On $61 Million Crypto Rip-off

No-Display Ronaldinho Breaks Silence On  Million Crypto Rip-off
No-Display Ronaldinho Breaks Silence On  Million Crypto Rip-off


Retired football participant Ronaldinho Gaúcho has been accused of an alleged $61 million cryptocurrency rip-off. And after being lacking in motion for 2 hearings, the Brazilian Legend has after all spoken up.

Ronaldinho’s Casualties

Football famous person Ronaldinho Gaúcho has denied any involvement within the “18K Ronaldinho” $61 million pyramid scheme in spite of the company liable for the alleged crypto rip-off being named after the soccer famous person.

The 18K Ronaldinho company promised its shoppers a 2% day by day source of revenue via cryptocurrency buying and selling and arbitration this is as much as 400% go back in not up to three hundred and sixty five days’s time, a go back price that has confirmed to be unsustainable numerous instances.

The previous world-class athlete’s footage had been additionally utilized in advertising and marketing and selling the 18K Ronaldinho company. Alternatively, the footballer claimed that he used to be by no means companions with the alleged company and that the company has used his identify and likeness unknowingly to him.

Ronaldinho additional defined that the alleged footage utilized in advertising and marketing the 18K Ronaldinho company had been footage that had been taken as a part of a freelance he signed in July 2019 to advertise an The united states-based corporate that sells watches named 18K Watches. Alternatively, in step with him, the contract used to be reportedly by no means completed because it used to be terminated later that yr in October.

The soccer famous person printed that he later changed into mindful that the 18K Ronaldinho used to be the use of his identify and pictures to advertise the corporate however by no means took felony movements in opposition to the corporate as a result of he additionally fell sufferer to the crypto rip-off.

Ronaldinho’s Look Ahead of The Court docket

Ronaldinho Gaúcho after all seemed in courtroom on August 31, 2023, after lacking two prior hearings set by way of the Brazilian congressional committee. Following this, he claimed he used to be to not be blamed for lacking those hearings and that his absence used to be because of dangerous climate.

The soccer famous person after all seemed in courtroom following an order made by way of the government that if he failed to look in courtroom once more, he could be confronted with conceivable fines or introduced earlier than the courtroom forcibly.

Ronaldinho Gaúcho used to be to start with criminally charged on this case in February 2020, because of the masses of Brazilian sufferers who filed a grievance in opposition to the company for fraud.

Right through the listening to, the soccer famous person remained completely quiet and have shyed away from numerous questions thrown at him. This used to be as a result of his brother Roberto de Assis Moreira and trade consultant Marcelo Lara, had already testified earlier than the committee the former week.

When he used to be requested concerning the $61 million lawsuit, he again and again refused to mention anything else about it. The soccer famous person additionally remained quiet when Brazilian congressional committee president Aureo Ribeiro inquired if he supposed to compensate those that invested within the 18K Ronaldinho company.

The case is being prosecuted by way of Brazil’s decrease space, the Chamber of Deputies, and is these days investigating 10 different corporations reported by way of the Brazilian Securities and Trade Fee who’ve additionally maliciously promised prime returns on crypto investments.

Crypto total market cap chart from (Ronaldinho)

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