{"id":5188,"date":"2026-01-02T04:50:46","date_gmt":"2026-01-02T04:50:46","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=5188"},"modified":"2026-01-02T04:50:46","modified_gmt":"2026-01-02T04:50:46","slug":"judge-tosses-voyager-investors-lawsuit-against-mark-cuban-over-mavericks-crypto-deal","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=5188","title":{"rendered":"Judge Tosses Voyager Investors\u2019 Lawsuit Against Mark Cuban Over Mavericks Crypto Deal"},"content":{"rendered":"

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  • A federal judge in Florida dismissed a class-action lawsuit against Mark Cuban and the Dallas Mavericks that accused them of misleading investors by promoting Voyager Digital.<\/span><\/li>\n
  • The ruling dismissed all allegations of securities law violations and consumer fraud \u201cin its entirety,\u201d leaving the plaintiffs with no path to refile the case in that court.<\/span><\/li>\n
  • The legal action stemmed from Voyager\u2019s 2022 bankruptcy following a broader crypto market crash triggered by the collapse of the Terra blockchain.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    A proposed class action accusing Mark Cuban and the Dallas Mavericks of misleading investors by promoting crypto lender Voyager Digital has been thrown out by a federal judge in Florida, according to a statement from the defendants\u2019 lawyers.<\/p>\n

    Brown Rudnick, who represents Cuban and the Mavericks, said US District Judge Roy K. Altman of the Southern District of Florida dismissed the case \u201cin its entirety\u201d on Dec. 30.\u00a0<\/p>\n

    Read more:<\/strong> Coinbase Data Breach Fallout Reaches India as Insider Arrested<\/p>\n

    \n
    \n

    We couldn\u2019t be more pleased with the absolute right result. I suspect that the plaintiffs will consider filing in another jurisdiction. \u2026 I look forward to defending Mark and the Mavericks in any jurisdiction in this country.<\/em><\/p>\n<\/div>\n

    \n Steve Best, lead counsel for Cuban and the Mavericks. <\/div>\n<\/div>\n

    Voyager Lawsuit Dismissed<\/h2>\n

    The complaint alleged violations of state securities laws and consumer fraud statutes and claimed Cuban repeatedly misrepresented Voyager before the company filed for Chapter 11 bankruptcy in 2022. The firm also said the ruling leaves the plaintiffs without a path to refile the case in that court.<\/p>\n

    Voyager collapsed during the 2022 crypto downturn, and at the time, it sought bankruptcy protection after reporting about US$1.3 billion (AU$1.9 billion) in crypto assets on its platform. The lawsuit was tied to broader fallout from that market crash, which followed the collapse of the Terra blockchain.\u00a0<\/p>\n

    Terra\u2019s failure wiped out about US$40 billion (AU$61.2 billion) in market value, and its founder Do Kwon was sentenced to 15 years in prison earlier this month, as Crypto News Australia reported.<\/p>\n

    Kwon pleaded guilty to conspiracy to defraud and wire fraud shortly after admitting he misled investors on TerraUSD\u2019s depeg. Despite a US$4.55 billion (AU$6.7 billion) settlement with the SEC, the judge still imposed 15 years due to the massive scale of losses.<\/p>\n

    Related:<\/strong> Bitcoin\u2019s Next Decade: Fewer Fireworks, More Fundamentals<\/p>\n<\/p><\/div>\n

    Cryptocurrency,Law#Judge #Tosses #Voyager #Investors #Lawsuit #Mark #Cuban #Mavericks #Crypto #Deal1767329446<\/p>\n","protected":false},"excerpt":{"rendered":"

    A federal judge in Florida dismissed a class-action lawsuit against Mark Cuban and the Dallas Mavericks that accused them of misleading investors by promoting Voyager Digital. The ruling dismissed all allegations of securities law violations and consumer fraud \u201cin its entirety,\u201d leaving the plaintiffs with no path to refile the case in that court. The<\/p>\n","protected":false},"author":1,"featured_media":5189,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[62,650,431,66,645,648,649,651,646,647],"class_list":{"0":"post-5188","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-crypto","9":"tag-cuban","10":"tag-deal","11":"tag-investors","12":"tag-judge","13":"tag-lawsuit","14":"tag-mark","15":"tag-mavericks","16":"tag-tosses","17":"tag-voyager"},"yoast_head":"\nJudge Tosses Voyager Investors\u2019 Lawsuit Against Mark Cuban Over Mavericks Crypto Deal - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=5188\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Judge Tosses Voyager Investors\u2019 Lawsuit Against Mark Cuban Over Mavericks Crypto Deal\" \/>\n<meta property=\"og:description\" content=\"A federal judge in Florida dismissed a class-action lawsuit against Mark Cuban and the Dallas Mavericks that accused them of misleading investors by promoting Voyager Digital. 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