F.C. Barcelona Cuts Ties With NFT Marketplace Ownix

Pillar of the sporting world, F.C. Barcelona, has ended its partnership with NFT marketplace, Ownix. The decision comes just days before the scheduled launch of the inaugural collection and shortly after the arrest of 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 misdemeanours including fraud, money laundering and assault. NFT marketplace Ownix has sought to distance themselves 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 their crypto credentials through their existing partnership with Socios.com.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

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