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Florida Court Dismisses Voyager Lawsuit Against Cuban and Mavericks

Florida Court Dismisses Voyager Lawsuit Against Cuban and Mavericks

Author:

Global Cryptocurrency

Published:

2026-01-01 20:59:01

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BTCCSquare news:

A federal judge in Florida dismissed a class-action lawsuit against billionaire Mark Cuban and the Dallas Mavericks, ruling plaintiffs failed to establish jurisdiction. The case stemmed from Voyager Digital's 2021 partnership with the Mavericks, which investors claimed misrepresented crypto product risks.

Judge Roy Altman's December decision emphasized neither Cuban nor the Mavericks targeted Florida residents or conducted business there—key jurisdictional thresholds. The dismissal underscores legal hurdles for crypto-related claims against third-party endorsers.

Voyager's August 2022 bankruptcy, triggered by market collapses, remains a cautionary tale for celebrity-backed crypto ventures. The ruling may set precedent for similar cases seeking to hold promoters liable for platform failures.

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