bitcoin
Bitcoin (BTC) $ 51,591.82
ethereum
Ethereum (ETH) $ 3,018.25
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 378.79
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.545058
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.085907
cardano
Cardano (ADA) $ 0.595474
solana
Solana (SOL) $ 103.17
matic-network
Polygon (MATIC) $ 0.979539
polkadot
Polkadot (DOT) $ 7.74
tron
TRON (TRX) $ 0.137786
Sunday, February 25, 2024
More
    bitcoin
    Bitcoin (BTC) $ 51,591.82
    ethereum
    Ethereum (ETH) $ 3,018.25
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 378.79
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.545058
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.085907
    cardano
    Cardano (ADA) $ 0.595474
    solana
    Solana (SOL) $ 103.17
    matic-network
    Polygon (MATIC) $ 0.979539
    polkadot
    Polkadot (DOT) $ 7.74
    tron
    TRON (TRX) $ 0.137786

    Atlético Madrid, Inter Milan and Roma sue cryptocurrency exchanges

    -

    -Advertisment-
    BuyBitcoinFiveMinute
    Key info:
    • The Spanish workforce will report the WhaleFin trade for non-payment.

    • The Italian golf equipment Inter Milan and Rome may even sue the Digitalbits trade for non-payment.

    Spanish soccer membership Atlético Madrid is getting ready a lawsuit in opposition to bitcoin (BTC) and cryptocurrency trade WhaleFin for non-payment. That firm has been a sponsor of the workforce for a few years.

    - Advertisement -

    Atleti, because the Madrid workforce can also be recognized, accuses the crypto asset trade of failing to adjust to the phrases of the sponsorship contract and of not having paid 40 million euros that had been offered for within the settlement of the 2021/2022 and 2022/2023 season.

    As a part of the criticism, the group will demand compensation of round 20 million euros. First although The membership’s shareholders should meet to agree on the demand in opposition to the trade home, a gathering scheduled for December 19, reviews the Italian media Calcio Finanza.

    The Spanish soccer membership maintains that this trade incurred “damages and losses” by not having acquired the corresponding fee from Amber Group, which is the agency that owns the trade.

    The lawsuit in opposition to WhaleFin is understood after that trade home notified that it was going by monetary difficulties, which led to revoking the $25 million sponsorship contract it had with the English soccer membership Chelsea. simply seven months after agreeing.

    WhaleFin is an trade and buying and selling platform born in December 2021 developed by Amber Group.

    What Atlético Madrid is experiencing with WhaleFin just isn’t new. In Italy, additionally in Europe, two soccer golf equipment face non-payment of sponsorship by one other cryptocurrency trade home.

    See also  "We don't approve or endorse bitcoin"

    These are the Inter Milan and Rome golf equipment, which signed sponsorship agreements with the Digitalbits trade. The latter didn’t pay 1.6 million euros to the Inter Milan workforce similar to the 2021/2022 seasons. The platform can also be accused of not having paid the 24 million euros beforehand established within the sponsorship settlement.

    Within the case of Rome, Digitalbits would have incurred a sponsorship default amounting to roughly 11 million euros.

    Digitalbits was one of many firms that, as a result of 2022 sector disaster, started to face monetary difficulties. It was a lot that that yr the corporate did not pay a primary fee installment of 8 million euros.

    -Advertisment-
    -Advertisment-
    -Advertisment-
    -Advertisment-

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    -Advertisment-

    LATEST POSTS

    Filecoin surges to new highs fueled by pivotal Solana deal and...

    Filecoin has surged to a brand new yearly excessive amid important growth inside its ecosystem. The decentralized storage protocol’s FIL token value soared to a yearly...

    Ethereum Worth Retreats From $3K However Bulls Stay In Cost

    Ethereum value spiked above the $3,000 resistance earlier than the bears appeared. ETH is correcting positive factors, however dips is likely to be restricted under...

    Pantera Capital Foresees Upcoming Surge in Cryptocurrency Market

    In an replace that has caught the eye of the asset group, Pantera Capital, a well-known American hedge fund specializing in cryptocurrencies has shared constructive...

    Ping Alternate’s hybrid chilly storage redefines requirements for crypto trade custody

    The launch of Ping Alternate indicators a possible new stage in digital property buying and selling. The hybrid platform merges sturdy safety protocols with user-focused...
    -Advertisment-

    Most Popular