R10 and crook, back in 2018 if I'm not mistaken, he allied with a company that promised high profits, in the end investors took losses, claims he didn't know, dirty pyramid schemer.
SnEmroz
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Game-Changer or $100M Scammer?
Ronaldinho’s crypto dream turn into a nightmare for investors? Did he really cash out over $100 million in an exit scam? Let’s uncover the truth! The STAR10 Launch: A Promising Kickoff In early March 2025, Brazilian football icon Ronaldinho introduced STAR10, a memecoin on the Binance Smart Chain (BSC). The token was marketed as a community-driven project, promising fans exclusive digital experiences. It quickly gained attention, surging over 80% in value and reaching a market cap of $31 million within hours. Excited investors rushed in, hoping to score big. But within days, everything changed. Did Ronaldinho Scam His Fans? As STAR10’s popularity grew, red flags started appearing. Reports surfaced that Ronaldinho and insiders had cashed out millions, causing the token’s price to crash by nearly 60% in just two days. Blockchain analysts revealed suspicious transactions, leading many to believe that this was a well-planned pump-and-dump scheme. Even worse, the STAR10 smart contract had a hidden flaw—Ronaldinho (or the token owner) could burn any holder’s tokens at will. This meant investors had no real control over their assets, making them vulnerable to manipulation. Binance CEO CZ Issues a Warning As concerns escalated, Binance CEO Changpeng Zhao (CZ) distanced himself from the project. He warned investors that neither he nor Binance had any commercial ties with Ronaldinho or STAR10. CZ also reminded traders of the dangers of investing in memecoins, especially those launched by celebrities with little to no blockchain experience. Security Flaws and Insider Trading Blockchain security firms confirmed multiple security flaws in the STAR10 smart contract, including: Centralized Control: Ronaldinho (or the contract owner) had full control over token supply.Insider Selling: Large amounts of STAR10 were sold by insiders before the price crashed.No Ownership Renouncement: Unlike legitimate projects, ownership was never given up, allowing potential manipulation. Despite backlash, Ronaldinho denied any wrongdoing. But for investors who lost money, the damage was already done.
What Ronaldinho Said About the Scam Allegations Ronaldinho later announced that he had renounced ownership of the contract, meaning he no longer had control. This led to a brief recovery in STAR10’s price, but many investors remained skeptical. Some fans defended him, believing he was just a victim of bad management, while others felt betrayed, calling it an outright scam.
How Investors Can Stay Safe If you’re investing in crypto, always remember these golden rules:
✔️ Research Before Investing – Don’t trust a project just because a celebrity promotes it.
✔️ Check the Smart Contract – Look for security risks like owner control and minting power.
✔️ Watch for Insider Moves – If founders or insiders are dumping tokens early, that’s a red flag.
✔️ Be Cautious with Memecoins – These are highly volatile and often manipulated.
What Do You Think? Ronaldinho’s STAR10 token started as an exciting project but quickly turned into a disaster for many investors. Was this an honest mistake, or did he knowingly trick his fans? Do you think celebrities should stay out of crypto? Or should fans be more careful when investing? Let’s discuss in the comments! #Ronaldinho #czwarning
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.