
Brazilian labour court rules Ronaldinho did not own 18k Ronaldinho pyramid
- —Court cited the image-licensing deal as proof Ronaldinho was not a co-owner
- —The 18k Ronaldinho scheme operated in 2019–2020 promising monthly returns
- —Marcelo Lara Marcelino was ordered to pay 1.3 million reais, over 1.7 million with costs
- —Labour prosecutors had earlier asked for the footballer to be removed from the case
Why it matters: The ruling sets a precedent separating ambassador liability from scheme operators, a key issue for crypto marketing deals.
Source: Livecoins
More on this
Regulation · Oct 14Brazilian court orders Nubank to disclose all client crypto transactions after default ruling
Security · Sep 18Kazakhstan court sentences CVK crypto pyramid organizer to two years
Security · Sep 18Brazilian court denies investor R$4.3M compensation over Mercado Bitcoin phishing site