A class-action lawsuit against Mark Cuban and the Dallas Mavericks, alleging they misled investors by promoting the now-bankrupt Voyager Digital, has been dismissed. The lawsuit claimed Cuban made false statements about Voyager before its Chapter 11 bankruptcy in 2022. At the time of its collapse, Voyager held $1.3 billion in crypto assets. The bankruptcy was part of a larger market downturn following the Terra blockchain crash, which erased $40 billion in market value and led to a 15-year prison sentence for its founder, Do Kwon.
Class-Action Lawsuit Against Mark Cuban and Dallas Mavericks Dismissed
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