Changpeng Zhao, the founder of Binance, faced backlash from the digital currency community after commenting on Ronaldinho’s new token called STAR10. Ronaldinho, the former Brazilian football star, introduced this token as a way for fans to access exclusive benefits. However, blockchain analysts quickly raised concerns about internal transactions related to the token’s issuance. Reports indicate an internal wallet linked to Ronaldinho has generated significant profits of $4.95 million. Zhao stated on social media that this coin is developed on the BNB Chain network and tokens created on other networks are fake. Critics accused him of indirectly endorsing the token by mentioning it. Ronaldinho’s history in the digital currency space has been controversial, with previous involvement in suspicious projects.
