newsycanuse

Award-Winning Footballers Accused of Promoting Sham NFT Project

Award-winning

By

2 days agoSun Jun 15 2025 12:12:59

Award-Winning-Footballers-Accused-of-Promoting-Sham-NFT-Project

Reading Time: 2 minutes

  • Elite footballers have been accused of promoting a sham NFT project, Shirtum
  • The footballers were named in a fraud case in a Barcelona court
  • Shirtum reportedly vanished with over $3.4 million in investor funds

Six elite footballers, including World Cup winners, have been named in a fraud case that accuses them of promoting a sham NFT project called Shirtum. The case was filed in a Barcelona court, with the project accused of vanishing with over $3.4 million in investor funds. According to prosecutors, the project relied on endorsements from footballers to enhance its popularity and attract investors, whose funds ultimately ended up in the operators’ pockets instead of improving the project.

World Cup Winner Involved

Some of those who promoted the platform include World Cup winner Lucas Ocampos and former Barcelona player Javier Saviola. According to the victims, the footballers promoted Shirtum Europa SLU with the NFTs featuring the players’ images.

Shirtum presented the NFTs as rare collectibles, with some retailing at over $500. Despite claiming exclusivity and having a high price tag, the collectibles weren’t tradable on any platform. 

The project described participating footballers as founders to improve its appeal among investors. The victims also said the project’s creators coined a corporate structure that made it hard to hold them accountable for any losses. 

To reportedly evade being asked questions on the usage of funds, the project claimed it had been hacked but didn’t produce a police report to support the claim. The footballers later removed promotional content from their social media pages, and the project faded from the limelight.

Settlement Is an Option

The case comes two months after the court allowed NBA star Shaquille O’Neal to pay $11 million as a settlement to end a case where Astrals NFT investors accused him of abandoning the project, even though he wasn’t the creator.

It also comes a month after Hashling NFT investors sued the project’s founders for misusing project funds. Last year, two Californian men were charged with defrauding NFT investors of $22 million.

With the Shirtum NFT project victims including the footballers in their case, it’s likely the footballers will seek an out-of-court settlement.

Read More
Philip Maina

Latest

dividend

A 13% dividend is set to force another Bitcoin treasury company into the unthinkable: liquidating its BTC to pay cash

0
Image by CryptoSlate Cash covers about 18 months of the current run rate in a static calculation, while common issuance has already become a funding channel. Editor-in-Chief CryptoSlate Strive's SATA preferred stock had 7.83 million shares outstanding and a $782.95 million stated amount at June 30. At a 13% rate, SATA implies about $101.8 million
Everyone

Since Everyone LOOOOVES To Talk About Women’s Relationships, Here Are 9 Celebrity Men Who Have Been Engaged 3 (Yeah, 3!!) Or More Times

0
Look, I get it. When you're a big Hollywood star, it's probably hard to have a "normal" relationship. Everyone is nosy as hell, the pool of people you can relate to is small, and there are millions of eyes on you, waiting for the downfall of your relationship. So, when you meet someone who gets
asked

I Asked A Therapist For The Signs A Couple’s Headed For Divorce

0
According to research conducted by Dr John Gottman and Dr Julie Schwartz Gottman of the Gottman Institute, there are four “horsemen of divorce”: criticism, contempt, defensiveness, and stonewalling. And Susie Masterson, a BACP-registered therapist, told HuffPost UK that warning signs of divorce aren’t usually as simple as issues like financial problems or different life goals.
Cinema

Cinema Without Borders: Quiet revolution — The Wolf

0
Updated on :  11 Aug 2026, 2:31 pm Sometimes the most radical and progressive of ideas can crop up and get navigated in the most traditional of bastions. That too without much hullabaloo; quietly and softly. Wancheng Gu and Prasad Shetty’s documentary, The Wolf , showcases one such trailblazing individual, Yuan, the former mayor of

Newsletter

Don't miss

dividend

A 13% dividend is set to force another Bitcoin treasury company into the unthinkable: liquidating its BTC to pay cash

0
Image by CryptoSlate Cash covers about 18 months of the current run rate in a static calculation, while common issuance has already become a funding channel. Editor-in-Chief CryptoSlate Strive's SATA preferred stock had 7.83 million shares outstanding and a $782.95 million stated amount at June 30. At a 13% rate, SATA implies about $101.8 million
Everyone

Since Everyone LOOOOVES To Talk About Women’s Relationships, Here Are 9 Celebrity Men Who Have Been Engaged 3 (Yeah, 3!!) Or More Times

0
Look, I get it. When you're a big Hollywood star, it's probably hard to have a "normal" relationship. Everyone is nosy as hell, the pool of people you can relate to is small, and there are millions of eyes on you, waiting for the downfall of your relationship. So, when you meet someone who gets
asked

I Asked A Therapist For The Signs A Couple’s Headed For Divorce

0
According to research conducted by Dr John Gottman and Dr Julie Schwartz Gottman of the Gottman Institute, there are four “horsemen of divorce”: criticism, contempt, defensiveness, and stonewalling. And Susie Masterson, a BACP-registered therapist, told HuffPost UK that warning signs of divorce aren’t usually as simple as issues like financial problems or different life goals.
Cinema

Cinema Without Borders: Quiet revolution — The Wolf

0
Updated on :  11 Aug 2026, 2:31 pm Sometimes the most radical and progressive of ideas can crop up and get navigated in the most traditional of bastions. That too without much hullabaloo; quietly and softly. Wancheng Gu and Prasad Shetty’s documentary, The Wolf , showcases one such trailblazing individual, Yuan, the former mayor of
Excel

Excel works backwards from the answer you want, and it changed how I plan

0
Published Aug 11, 2026, 10:30 AM EDT Yasir is a Mechanical Engineer who writes about tech at MUO, covering Windows, Productivity, Security, and the Internet. His interest in autonomous systems keeps him constantly tinkering with both hardware and software. His tech writing journey began during his junior year of engineering, leading him to Android Police before
newsycanusehttps://newsycanuse.com

What small business owners say they’d do differently, in hindsight

Working 60+ hours a week makes owners twelve times more likely to say their business is hurting their personal life. Australian small business owners are working through illness, skipping holidays and struggling to step away from their businesses, according to new research from insurer BizCover. The survey of 1,500 BizCover small business customers found more
Read more

Bright young business brains bring ideas to life

Friday 17 July, 2026 Young Cumbrian entrepreneurs showed off their innovative business ideas, from AI virtual assistants to African food, at two celebration events this week. Fifteen young people from Furness and West Cumbria aged 14 to 25 were selected to take part in the Positive Enterprise programme back in January...
Read more

No, no, no — business travel is not dead. It’s still moving, and rather well at that

Par Bruno COURTIN Published on 7 Aug 2026 - Updated on 7 Aug 2026 3 min reading time According to forecasts from GBTA, the world's leading organisation representing business travel stakeholders, global business travel spending is set to hit a record $1.71 trillion in 2026, while the number of trips is expected to reach 1.84
Read more