NFT marketplace has ended its partnership with F.C. Barcelona, just days before the launch of their inaugural collection and shortly after the arrest of Moshe Hogeg, a high-profile investor believed to have ties to the platform.
Pillar of the sporting world, F.C. Barcelona, has ended its partnership with the NFT marketplace, Ownix. The decision comes just days before the scheduled launch of the inaugural collection and shortly after the arrest of a crypto mogul, Moshe Hogeg, a high-profile investor believed to have ties to the platform.
F.C. Barcelona released a statement via their website indicating that the partnership was no longer in their best interests. With the full disclosure reading:
“In light of information received today that goes against the Club’s values, FC Barcelona hereby communicate the cancellation of the contract to create and market NFT digital assets with Ownix with immediate effect.”
According to sources, authorities caught up with Moshe Hogeg in Israel and then charged him with a long list of misdemeanors including fraud, money laundering, and assault. NFT marketplace Ownix has sought to distance itself from the crypto heavyweight. Announcing via Twitter the termination, by mutual consent, of a consultancy role held by Mr. Hogeg at Ownix, further revealing that he does not own shares in, or have any controlling interest in the platform. However, as far as the F.C. Barcelona contract is concerned, the damage is already done.
The collection aimed to celebrate F.C. Barcelona’s long and illustrious footballing history with a number of NFT collectibles. Each of which represented images and videos from the club’s 122 years of footballing dominance, providing fans with a tangible method of connecting with the club. Despite the revelation, the club will maintain its crypto credentials through its existing partnership with Socios.com.
Report on the decision of F.C. Barcelona to end its partnership with the crypto-based NFT marketplace, Ownix, citing that they are no longer in their best interest.
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