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International Business Times UK

Niloy Chakrabarti

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

Mark Cuban Mavericks Dallas Mavericks Lawsuit Crypto Voyager The Dallas Mavericks Voyager Digital Do Kwon Roy Altman

Mark Cuban has sold his majority stake in Dallas Mavericks. (Credit: Flickr)

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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