Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil

Brazilian shot prima Ronaldinho Gaúcho could beryllium detained by authorities to attest implicit a crypto fraud probe successful Brazil. According to section media reports, Ronaldinho failed to look earlier the country's Congress implicit a pyramid strategy probe allegedly linked to 1 of his companies.

The erstwhile Paris Saint-Germain, F.C Barcelona and AC Milan prima failed to attest astatine a legislature proceeding connected Aug. 24, citing adverse upwind conditions, and ignoring a subpoena for the 2nd time. According to congressman Aureo Ribeiro, helium volition person different accidental to attest connected Aug. 31. In the lawsuit that Ronaldinho fails to appear, instrumentality enforcement officials whitethorn instrumentality him earlier the committee.

Witnesses subpoenaed to look earlier Congress person a work to bash so, arsenic per Brazil's law. Witnesses who neglect to comply with a subpoena whitethorn beryllium fined and taken forcibly earlier Congress by the police.

Após ausência, CPI das Criptomoedas aprova condução coercitiva a Ronaldinho Gaúcho. https://t.co/g9OalFlKSl

The probe revolves astir Ronaldinho's venture, '18kRonaldinho'. The institution allegedly promised clients regular returns implicit 2% done crypto investments. A suit seeking much than $61 cardinal successful damages was filed against the institution for failing to instrumentality specified profits. The litigation is present portion of a broader probe into crypto frauds successful the country.

Ronaldinho's ineligible squad argues that helium was simply the company's 'ambassador', frankincense different unfortunate of the alleged scam. According to them, his representation and sanction were illegally utilized to deceive imaginable clients without the due authorization. Ronaldinho's crypto concern besides includes a nonfungible token (NFT) collection, launched successful collaboration with INFLUXO successful 2021.

In 2020, Ronaldinho and his member Roberto de Assis were arrested successful Paraguay for entering the state with fake passports, spending implicit 170 days down bars. Assis is besides progressive successful the ongoing crypto investigation.

Collect this nonfiction arsenic an NFT to sphere this infinitesimal successful past and amusement your enactment for autarkic journalism successful the crypto space.

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