Ronaldinho Denies Involvement in Cryptocurrency Pyramid Scheme
Brazilian soccer star Ronaldinho Gaucho has denied accusations of involvement in a cryptocurrency pyramid scheme bearing his name. He appeared before lawmakers to address the allegations and categorically denied any association with the company. Ronaldinho clarified that he had signed a contract with a US-based entity to develop a line of watches featuring his image, but it remains unclear whether these two companies are related. He also mentioned his legal actions against the company for unauthorized use of his image.
- Ronaldinho denies any involvement in the cryptocurrency pyramid scheme
- He signed a contract with a US-based entity for a line of watches
- Legal actions are being taken against the unauthorized use of his image
- He faced a class-action lawsuit initiated by Brazil’s Consumer Relations Institute
- He was arrested in Paraguay for possessing falsified passports
Web3 Platforms Lose $1.2 Billion in Hacks and Rug Pulls
Web3 platforms have lost over $1.2 billion in hacks and rug pulls this year, according to a report. A total of 211 separate incidents contributed to this massive sum, with August alone accounting for $23.4 million in losses. Ethereum faced the most significant number of attacks, with protocols built on the network being affected.
- Web3 platforms lost $1.2 billion in hacks and rug pulls
- 211 separate incidents contributed to the losses
- August saw $23.4 million in losses
- Ethereum faced the most attacks
Hot Take
It is important for individuals to be cautious when investing in cryptocurrency schemes and to thoroughly research any companies or platforms before getting involved. The cases of Ronaldinho’s alleged involvement in a pyramid scheme and the significant losses in the Web3 space highlight the risks and vulnerabilities present in the crypto industry. Investors should prioritize due diligence and seek reliable information to protect their assets.
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