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A Florida court dismissed a $4.2 billion lawsuit against Mark Cuban and the Dallas Mavericks over Voyager Digital, citing lack of personal jurisdiction.
A Florida federal court dismissed a lawsuit accusing Mark Cuban and the Dallas Mavericks of defrauding investors by promoting the bankrupt crypto company Voyager Digital, citing insufficient personal jurisdiction over the defendants.
The case, which alleged misleading claims led to investor losses tied to a sponsorship deal, was dismissed by Judge Roy K. Altman on December 30, preventing any refile in that court.
The lawsuit had claimed $4.2 billion in losses and linked the NBA to the alleged fraud, but the court’s decision clears Cuban and the team of the allegations.
Cuban sold his majority stake in the Mavericks in 2023, now owning 27% of the team.
Un tribunal de Florida desestimó una demanda de $ 4.2 mil millones contra Mark Cuban y los Dallas Mavericks sobre Voyager Digital, citando la falta de jurisdicción personal.