Mark Cuban sued in class action lawsuit over role in promoting voyager digital

08/11 09:35

According to The Crypto Basic, the Moskowitz Law Firm has filed a class action lawsuit with US District Court in Southern Florida, naming Billionaire Mark Cuban for his role in promoting the bankrupt Voyager Digital to Dallas Maverick fans. The complaint alleges that Cuban and Voyager Digital CEO Stephen Ehrlich leveraged their years of investing experience to target inexperienced young people to invest their life savings into what they describe as a Ponzi Scheme. In addition, per the filing, Cuban and Voyager Digital allegedly misrepresented the platform multiple times as lacking fees and being cheaper than the competition to gain undue market advantage.
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