{"id":21792,"date":"2023-09-01T04:11:36","date_gmt":"2023-09-01T04:11:36","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/ronaldinho-denies-part-in-alleged-61m-crypto-scam-at-congressional-hearing\/"},"modified":"2023-09-01T04:11:38","modified_gmt":"2023-09-01T04:11:38","slug":"ronaldinho-denies-part-in-alleged-61m-crypto-scam-at-congressional-hearing","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/ronaldinho-denies-part-in-alleged-61m-crypto-scam-at-congressional-hearing\/","title":{"rendered":"Ronaldinho denies part in alleged $61M crypto scam at congressional hearing"},"content":{"rendered":"
Retired pro soccer star Ronaldinho Ga\u00facho has testified at a congressional hearing in Brazil, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name.<\/p>\n
On Aug. 31 Ronaldinho appeared before a parliamentary committee inquiry where he refuted any role in the scheme called “18kRonaldinho” that promised 2% daily returns on crypto. A lawsuit was filed against the firm seeking $61 million in damages.<\/p>\n
Ronaldinho claimed he was never partnered with th company and it used his name and image without his authorization, arguing he was also a victim of the purported scheme.<\/p>\n
During the hearing, images were shown of 18kRonaldinho\u2019s marketing that depicted Ronaldinho.<\/p>\n