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A lawsuit accusing billionaire entrepreneur Mark Cuban and the NBA team Dallas Mavericks of defrauding investors by promoting a now-bankrupt cryptocurrency company was dismissed ahead of New Year’s Day.
Relief For Mark Cuban
The plaintiffs claimed that Cuban and his team had misled investors about Voyager Digital, a cryptocurrency lender that went bankrupt in 2022. The case was filed under various state securities laws and consumer fraud statutes.
In a Dec. 30 filing, the U.S. District Court for the Southern District of Florida, under Judge Roy K. Altman, dismissed the case in its entirety, stating that the plaintiffs failed to establish the theory of “personal…
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