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- Elite footballers were accused of promoting a sham NFT mission, Shirtum
- The footballers were named in a fraud case in a Barcelona court
- Shirtum reportedly vanished with over $3.4 million in investor funds
Six elite footballers, including World Cup winners, were named in a fraud case that accuses them of promoting a sham NFT mission called Shirtum. The case became filed in a Barcelona court, with the mission accused of vanishing with over $3.4 million in investor funds. According to prosecutors, the mission relied on endorsements from footballers to improve its recognition and appeal to investors, whose funds within the rupture ended up within the operators’ pockets in favor to making improvements to the mission.
World Cup Winner Involved
Some of those who promoted the platform comprise World Cup winner Lucas Ocampos and faded Barcelona player Javier Saviola. According to the victims, the footballers promoted Shirtum Europa SLU with the NFTs featuring the players’ photos.
Shirtum introduced the NFTs as uncommon collectibles, with some retailing at over $500. Despite claiming exclusivity and having a excessive attach tag, the collectibles weren’t tradable on any platform.
The mission described participating footballers as founders to improve its charm amongst investors. The victims also stated the mission’s creators coined a company building that made it laborious to support them answerable for any losses.
To reportedly evade being requested questions about the utilization of funds, the mission claimed it had been hacked but didn’t compose a police sage to improve the claim. The footballers later removed promotional order from their social media pages, and the mission dilapidated from the limelight.
Settlement Is an Probability
The case comes two months after the court allowed NBA giant establish Shaquille O’Neal to pay $11 million as a settlement to end a case the place Astrals NFT investors accused him of abandoning the mission, even though he wasn’t the creator.
It also comes a month after Hashling NFT investors sued the mission’s founders for misusing mission funds. Last year, two Californian men were charged with defrauding NFT investors of $22 million.
With the Shirtum NFT mission victims including the footballers of their case, it’s likely the footballers will glimpse an out-of-court settlement.
