Ronaldinho Gaúcho Denies Involvement in Alleged $61 Million Crypto Scam
– Ronaldinho Gaúcho has been accused of being involved in an alleged $61 million cryptocurrency scam.
– He denies any involvement in the pyramid scheme operated by the 18K Ronaldinho firm.
– The firm promised clients a 2% daily income through cryptocurrency trading and arbitration, which proved to be unsustainable.
– Ronaldinho claims that the firm used his name and likeness without his knowledge.
– He explains that his pictures were taken as part of a contract with a company that sells watches, not the alleged crypto scam.
Ronaldinho Finally Appears in Court After Missing Prior Hearings
– Ronaldinho appeared in court on August 31, 2023, after missing two previous hearings.
– He blames bad weather for his absence in the prior hearings.
– He was initially charged in February 2020 due to complaints from victims of the fraud.
– During the hearing, Ronaldinho remained quiet and avoided answering questions about the lawsuit.
– His brother and business representative had already testified before the committee.
Investigation into Other Companies Promising High Crypto Returns
– The case is being prosecuted by Brazil’s lower house, the Chamber of Deputies.
– The Chamber is also investigating 10 other companies reported by the Brazilian Securities and Exchange Commission.
– These companies have made malicious promises of high returns on crypto investments.
– Ronaldinho’s case is part of a larger investigation into crypto scams in Brazil.
– The authorities are taking action to protect victims and hold those responsible accountable.
Hot Take
Ronaldinho Gaúcho’s denial of involvement in the alleged crypto scam raises questions about the use of celebrities’ names and images in fraudulent schemes. While Ronaldinho claims to be a victim himself, it is important to remember the responsibility that comes with endorsing any product or company. The investigation into these crypto scams in Brazil serves as a reminder for investors to exercise caution and conduct thorough research before engaging in any investment opportunity.