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Crypto Lawsuit Against Mark Cuban, Dallas Mavericks for Promoting Bankrupt Lender Dismissed

Crypto
International Business Times Fews App News Provider
Fews App Post Time 1d ago

CRAIG LASSIG/AFP via Getty Images Late last month, Judge Roy Altman of the US District Court for the Southern District of Florida dismissed a class action cryptocurrency lawsuit filed in 2022 against the Dallas Mavericks and former majority owner Mark Cuban. Altman stated in an order that the plaintiffs failed to establish personal jurisdiction over the team and the billionaire. The lawsuit claimed that Cuban and the Dallas Mavericks defrauded investors by promoting the now-bankrupt cryptocurrency lender Voyager Digital.

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