Fan groups slam UEFA crypto-token Champions League sponsor

The announcement from Malta-based Socios included no disclaimers about the risks. In England recently, Arsenal’s promotions of Socios tokens were ruled to have broken advertising regulations and were banned for taking advantage of consumers’ inexperience in cryptocurrencies. — AP

Benevolence toward fans one day. Making money off them the next day.

Champions League organiser UEFA faced criticism on Tuesday for monetising supporter engagement by partnering with a company that sells fan tokens through largely unregulated cryptocurrencies.