According to user X @R10coin_, Ronaldinho collaborated with a team in China (Shenzhen) to issue a token and defraud investors.
In May 2024, @R10coin_ officially began negotiations with Ronaldinho to collaborate on the launch of a cryptocurrency. After more than six months of detailed negotiations, in January 2025, @R10coin_ and Mr. Ronaldinho officially signed a cooperation agreement. The total contract amount was $6 million, of which $3 million was paid as a deposit after the contract was signed.
Without communicating with @R10coin_ or obtaining their consent, Ronaldinho also signed a $10 million cooperation agreement with another company and received a $5 million deposit, and then began promoting and pre-heating the token for that company.
After investigation, it was found that the company is located in Shenzhen, China, and their actions are extremely malicious. The company frequently publishes worthless "MEME coins" for false propaganda, and launches more than 10 fraudulent virtual currency projects every month. They use exaggerated marketing tactics to quickly attract investor funds, adopt a "quick harvest" model, quickly pump and dump, and collect investor funds within an hour, then abscond with the money.
Ronaldinho sold his X account to a company in Shenzhen, China for $5 million to promote a cryptocurrency.
As a victim, @R10coin_ solemnly reminds all investors not to participate in any projects of this company.
@R10coin_ publicly condemns the fraudulent behavior of Ronaldinho and his partners, and will publicly disclose the contract signed with Ronaldinho and some promotional materials to prove their breach of contract and the original intention of @R10coin_'s cooperation.
BlockBeats notes that Ronaldinho's X account has not yet responded to the above information.
BlockBeats will continue to follow up on this incident and remind investors again that meme coin transactions have huge fluctuations, rely heavily on market sentiment and concept hype, have no actual value or use cases, and investors need to be aware of the risks.
