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Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash↗
Alert00:21

Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash

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Crypto

FC Barcelona Faces Intense Scrutiny Over $22M ZKP Sponsorship Deal

11/28/2025, 20:36
11/28/2025, 22:35
AI SUMMARY
●FC Barcelona faces backlash over a $22M deal with obscure Samoan crypto firm ZKP.
●A former board member has criticized the lack of transparency regarding the firm's ownership.
●Concerns persist regarding the club's due diligence processes in crypto partnerships.
FC Barcelona is facing significant criticism following the signing of a $22 million sponsorship deal with ZKP, a cryptocurrency firm based in Samoa. Critics have described the partnership as a "bad joke," pointing to the obscurity of the firm and raising serious concerns regarding the club's due diligence and the deal's legitimacy. The backlash has intensified with specific objections from a former FC Barcelona board member, who publicly questioned the lack of transparency regarding the crypto firm's ownership structure and origins. The "unknown" nature of the partner's backing remains a major point of contention, highlighting ongoing challenges in vetting sports-crypto commercial partnerships. [Update 1] A former board member has formally criticized the deal, citing specific concerns about the "unknown" ownership and lack of transparency of ZKP, reinforcing doubts about the due diligence process.

Sources (2)

01@DecryptMedia↗02@DecryptMedia↗
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