I recently read that Binance and Pierre Gasly partnered to host a global helmet design contest for Pierre Gasly's appearance at the Abu Dhabi Grand Prix.

But I read at the same time that Cristiano Ronaldo is facing a $1 billion class action lawsuit in the US for promoting Binance... The lawsuit alleges that Ronaldo's promotion of Binance led to investors making loss-making investments.

It's hard to say who will win the lawsuit between Binance and the claimants. If the claimants win, it could be a big problem for other celebs who promote crypto. For Pierre Gasly, his partnership with Binance could be in jeopardy if the claimants are successful. A win for the claimants could hurt Binance's reputation and make them less appealing to potential partners.

The Cristiano Ronaldo lawsuit has raised some eyebrows about Binance's celebrity endorsement strategy. If Binance loses the case, it could be a big blow to their marketing efforts. The company might have to rethink its approach, which could impact its growth and profits. Only time will tell if Binance's star power will continue to shine brightly.