Famous billionaire Mark Cuban has been sued by the US District Court in South Florida for his past decisions and statements about the bankrupt Voyager Digital.
The billionaire, who has recently come to the fore with the explanation that creates speculation in the crypto money markets Mark Cubanallegedly Voyager Digital’s “ponzi scheme” system for including his fans A lawsuit was filed against him. Another sub-title of the case is that Voyager Digital, which suffered great losses after its bankruptcy, VGX token It is known about.
Basketball team owned by Mark Cuban in 2021 Dallas Maverickwith Voyager Digital a 5 year deal had signed. After this agreement, the platform To Dallas Maverick fans It was advertised as “a cheap and easy way to get involved in the emerging crypto market.” However, less than a year after the agreement, Voyager was seriously affected by the collapses in the cryptocurrency market. declared bankruptcy.
The lawsuit filed against Cuban by disgruntled Dallas Maverick fans and Voyager Digital investors is based on the grounds that he “encouraged inexperienced youth to invest their life savings in a ponzi scheme.” trading in the market for years and Wall Street veteran Investors who trust Cuban, which is known as the most popular brand, and direct their investments on Voyager and VGX. has been abusedis among the claims of the plaintiff.
In addition, in the content of the lawsuit filed against Cuban and Voyager Digital, to gain unfair market advantage platform repeatedly as “free” and cheaper than other platforms. misrepresented is alleged. The document submitted by the court includes the following statements:
Voyager plaintiffs allege that Voyager Capital is offering a “100% commission-free” cryptocurrency trading service with a misleading publicity to gain an unfair advantage over competitors such as Coinbase, Kraken, and Binance, whose commissions and transaction fees are obvious. However, looking at the data, it has been revealed that Voyager Capital obviously receives transaction fees from the transactions made.
Despite all the efforts and debt applications Voyager Digital seems unable to change the inevitable result. The only hope of the aggrieved investors at this point is that a result will come out of the court in their favor.