tldr; Six elite footballers, including World Cup winners and former Barcelona stars, are implicated in a $3.4 million crypto fraud case involving Shirtum Europa SLU. The company allegedly defrauded investors through non-functional NFTs tied to footballer image rights, purchased with its $SHI token. Barcelona’s Fifth District Court is investigating claims that funds were siphoned for personal use. The players, who promoted the scheme, are accused of exploiting their reputations to build credibility. The case highlights risks in crypto partnerships within Spanish football.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Six elite footballers, including World Cup winners and former Barcelona stars, are implicated in a $3.4 million crypto fraud case involving Shirtum Europa SLU. The company allegedly defrauded investors through non-functional NFTs tied to footballer image rights, purchased with its $SHI token. Barcelona’s Fifth District Court is investigating claims that funds were siphoned for personal use. The players, who promoted the scheme, are accused of exploiting their reputations to build credibility. The case highlights risks in crypto partnerships within Spanish football.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.