Mark Cuban成功摆脱Voyager Digital推广诉讼

Source: PortaldoBitcoin Original Title: Mark Cuban avoids lawsuit for promoting controversial cryptocurrency company Original Link: Billionaire Mark Cuban successfully avoided a class-action lawsuit alleging he defrauded investors while promoting Voyager Digital, a cryptocurrency lending company that filed for bankruptcy in 2022. The lawsuit also involved Cuban’s NBA team, the Dallas Mavericks.

The lawsuit claimed that Mark Cuban and the basketball team violated state securities laws and consumer protection regulations by promoting the Voyager platform as a safe investment. U.S. District Court Judge Roy K. Altman in the Southern District of Florida dismissed the case entirely on December 30, barring the plaintiffs from re-filing the complaint.

“Mr. Cuban and the Dallas Mavericks are very pleased with this decision,” said Steve Best, a partner at Brown Rudnick representing the entrepreneur. According to Cuban’s defense team, the judge concluded that the plaintiffs lacked sufficient legal grounds to sustain the allegations.

The lawsuit alleged that Mark Cuban repeatedly distorted information about the company before Voyager filed for Chapter 11 bankruptcy protection in July 2022. At the time of bankruptcy, the platform held approximately $1.3 billion in customer cryptocurrencies.

Voyager’s collapse occurred amid a broader cryptocurrency market crisis triggered by the collapse of the Terra(LUNA) ecosystem, which wiped out about $40 billion in market value—ultimately leading to the project creator Do Kwon being sentenced to 15 years in prison in the United States.

As The Block emphasized, this chain reaction affected multiple companies in the industry, marking one of the most turbulent periods in recent cryptocurrency history.