World giant football club Atletico Madrid will sue Singapore-based crypto exchange WhaleFin for not paying sponsorship fees worth millions of dollars.
One of Singapore’s leading cryptocurrency exchanges WhaleFin One case came to the fore with the news. According to news agency Protos, Atletico Madrid has purchased cryptocurrency exchange WhaleFin. unpaid sponsorship fees due to case to do getting ready. The unpaid amount in the transferred details $44 million It was stated that .
In addition, Atletico Madrid received a lawsuit from WhaleFin for violating the terms of the contract. 22 million dollars compensation will request. Between sports club and cryptocurrency exchange 2022/23 season before a five year agreement signed and exchanged main sponsor It was positioned as.
WhaleFin, Hong Kong-based digital asset platform Subsidiary of Amber Group It draws attention as.
December 2022Amber Group, owner of WhaleFin, was experiencing financial difficulties and English Premier League club Chelsea his yearly work with $25 million sponsorship agreement, only decided to terminate it after 7 months It was reported.