The post FC Barcelona’s Crypto Sponsor ZKP Draws Criticism appeared on BitcoinEthereumNews.com. Key Points: FC Barcelona’s deal with ZKP sparks scrutiny. ZKP’s blockchain credibility questioned. Fans express concerns over sponsorship legitimacy. FC Barcelona has signed a $22 million sponsorship deal with Zero-Knowledge Proof, a little-known crypto company from Samoa, sparking criticism over the partnership’s transparency and financial rationale. Concerns over ZKP’s opaque operations and the risk of reputational damage have prompted scrutiny, especially as the company conducts an ongoing initial coin offering amid transparency issues. FC Barcelona’s $22 Million Crypto Deal Sparks Debate FC Barcelona’s agreement with ZKP marks a significant move into crypto sponsorship. After signing a $22 million deal, the club faces scrutiny due to ZKP’s limited online presence and minimal transparency regarding its leadership and operations. The deal has led to debates about the club’s financial strategies. Former board member Xavier Vilajoana criticized the sponsorship, identifying financial “desperation” and labeling ZKP’s background as problematic. Concerns rise over associating with a firm mired in obscurity and unresolved transparency issues. “Extremely worrying and a sign of financial desperation,” regarding the sponsorship deal, highlighting “multiple red flags” in ZKP’s profile, said Xavier Vilajoana, Former Board Member, FC Barcelona. Expert Warnings on Crypto Sponsorship Risks Intensify Did you know? Previous crypto deals, like WhiteBIT and FC Barcelona, similarly raised concerns over project legitimacy, reflecting patterns seen in the ZKP partnership. Ethereum (ETH) is trading at $2,994.30, with a market cap of $361.40 billion. The dominant crypto, comprising 11.68% market share, saw a 1.80% drop in 24-hour prices amid fluctuating investor interest. Data: CoinMarketCap Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 21:51 UTC on November 29, 2025. Source: CoinMarketCap Coincu researchers point out the risks of engaging with startups devoid of verifiable leadership and financial data. Such actions potentially lead to regulatory scrutiny amid evolving crypto policies, impacting both financial and reputational aspects for… The post FC Barcelona’s Crypto Sponsor ZKP Draws Criticism appeared on BitcoinEthereumNews.com. Key Points: FC Barcelona’s deal with ZKP sparks scrutiny. ZKP’s blockchain credibility questioned. Fans express concerns over sponsorship legitimacy. FC Barcelona has signed a $22 million sponsorship deal with Zero-Knowledge Proof, a little-known crypto company from Samoa, sparking criticism over the partnership’s transparency and financial rationale. Concerns over ZKP’s opaque operations and the risk of reputational damage have prompted scrutiny, especially as the company conducts an ongoing initial coin offering amid transparency issues. FC Barcelona’s $22 Million Crypto Deal Sparks Debate FC Barcelona’s agreement with ZKP marks a significant move into crypto sponsorship. After signing a $22 million deal, the club faces scrutiny due to ZKP’s limited online presence and minimal transparency regarding its leadership and operations. The deal has led to debates about the club’s financial strategies. Former board member Xavier Vilajoana criticized the sponsorship, identifying financial “desperation” and labeling ZKP’s background as problematic. Concerns rise over associating with a firm mired in obscurity and unresolved transparency issues. “Extremely worrying and a sign of financial desperation,” regarding the sponsorship deal, highlighting “multiple red flags” in ZKP’s profile, said Xavier Vilajoana, Former Board Member, FC Barcelona. Expert Warnings on Crypto Sponsorship Risks Intensify Did you know? Previous crypto deals, like WhiteBIT and FC Barcelona, similarly raised concerns over project legitimacy, reflecting patterns seen in the ZKP partnership. Ethereum (ETH) is trading at $2,994.30, with a market cap of $361.40 billion. The dominant crypto, comprising 11.68% market share, saw a 1.80% drop in 24-hour prices amid fluctuating investor interest. Data: CoinMarketCap Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 21:51 UTC on November 29, 2025. Source: CoinMarketCap Coincu researchers point out the risks of engaging with startups devoid of verifiable leadership and financial data. Such actions potentially lead to regulatory scrutiny amid evolving crypto policies, impacting both financial and reputational aspects for…

FC Barcelona’s Crypto Sponsor ZKP Draws Criticism

2025/11/30 05:56
Key Points:
  • FC Barcelona’s deal with ZKP sparks scrutiny.
  • ZKP’s blockchain credibility questioned.
  • Fans express concerns over sponsorship legitimacy.

FC Barcelona has signed a $22 million sponsorship deal with Zero-Knowledge Proof, a little-known crypto company from Samoa, sparking criticism over the partnership’s transparency and financial rationale.

Concerns over ZKP’s opaque operations and the risk of reputational damage have prompted scrutiny, especially as the company conducts an ongoing initial coin offering amid transparency issues.

FC Barcelona’s $22 Million Crypto Deal Sparks Debate

FC Barcelona’s agreement with ZKP marks a significant move into crypto sponsorship. After signing a $22 million deal, the club faces scrutiny due to ZKP’s limited online presence and minimal transparency regarding its leadership and operations.

The deal has led to debates about the club’s financial strategies. Former board member Xavier Vilajoana criticized the sponsorship, identifying financial “desperation” and labeling ZKP’s background as problematic. Concerns rise over associating with a firm mired in obscurity and unresolved transparency issues.

Expert Warnings on Crypto Sponsorship Risks Intensify

Did you know? Previous crypto deals, like WhiteBIT and FC Barcelona, similarly raised concerns over project legitimacy, reflecting patterns seen in the ZKP partnership.

Ethereum (ETH) is trading at $2,994.30, with a market cap of $361.40 billion. The dominant crypto, comprising 11.68% market share, saw a 1.80% drop in 24-hour prices amid fluctuating investor interest. Data: CoinMarketCap

Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 21:51 UTC on November 29, 2025. Source: CoinMarketCap

Coincu researchers point out the risks of engaging with startups devoid of verifiable leadership and financial data. Such actions potentially lead to regulatory scrutiny amid evolving crypto policies, impacting both financial and reputational aspects for entities entering these alliances.

Source: https://coincu.com/news/fc-barcelona-sponsorship-controversy/

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U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…
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BitcoinEthereumNews2025/09/18 09:14