Football Star Ronaldinho Gaúcho Launches MEME Token, Users Claim It’s a Scam

Allegations of Fraud

According to X user @R10coin_, Ronaldinho engaged in a partnership to launch a cryptocurrency with a Chinese team based in Shenzhen, ultimately defrauding investors.

As per @R10coin_, negotiations for the project began in May 2024, and after six months of discussions, a formal contract was signed in January 2025. The deal was valued at $6 million, with $3 million paid upfront upon signing.

However, without prior notice or consent, Ronaldinho signed a separate $10 million deal with another company and accepted a $5 million advance payment. Soon after, he started promoting the new project, completely disregarding his previous commitments.

Shockingly, Ronaldinho sold his X account for $5 million to this fraudulent company, allowing them to use his social media influence to promote their crypto schemes.

As a result, @R10coin_ issued a public warning urging investors to stay away from any project associated with this fraudulent entity. They also condemned Ronaldinhos breach of contract and fraudulent behavior, stating that they would release evidence, including the signed contract and promotional materials, to expose the deceit.

Lookonchain Reports Suspicious Trading by STAR10 Team Wallets

On-chain analysis by Lookonchain identified suspicious trading activity related to STAR10. The projects associated wallet only spent 80 BNB (around $50,000) to purchase 122.45 million STAR10 tokens, representing 12.24% of the total supply.

The wallet 0x01D9…E14D bought 122.45 million STAR10 tokens for 80 BNB ($50,000) and later sold 10 million tokens for 433 BNB ($270,000). The remaining 121.44 million tokens, worth $33.5 million, still accounted for 12.14% of the total supply.

Additionally, this wallet transferred 0.15 BNB to the STAR10 team wallet (0x8218…AF37) as a gas fee, while both the developer wallet (0xb36E…790d) and the aforementioned address received funds from Allbridge, further raising concerns about fund flows.

Is $STAR10 Another Celebrity Crypto Scam?

While allegations against Ronaldinho regarding the $STAR10 token have surfaced, it remains unclear whether the claims made by X user @R10coin_ are entirely accurate. The lack of verifiable sources and conflicting reports have added to the uncertainty surrounding the situation. However, what is evident is that $STAR10 experienced a massive price surge followed by a dramatic crash, which has raised concerns across the market.

With an increasing number of celebrity-backed crypto projects turning out to be scams, investors should exercise extreme caution.