Federal Judge Dismisses Lawsuit Against Mark Cuban and Dallas Mavericks
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Lawsuit Dismissal: A federal judge in Florida dismissed a class-action lawsuit against billionaire Mark Cuban and the Dallas Mavericks, citing the plaintiffs' failure to establish personal jurisdiction, highlighting the complexities of legal proceedings and their impact on investors.
- Investor Allegations: The lawsuit accused Cuban and the Mavericks of making false representations during their five-year partnership with bankrupt crypto firm Voyager Digital, claiming the partnership misled retail investors about the risks associated with crypto products, reflecting the regulatory gaps in the crypto market.
- Lack of Evidence: The judge noted that the plaintiffs did not demonstrate that Cuban or the Mavericks conducted business in Florida, despite Cuban's known visits and property ownership there, indicating the strict requirements of jurisdictional law.
- Crypto Market Impact: Voyager Digital filed for bankruptcy in July 2022, revealing liquidity issues in the crypto market, and the dismissal of this lawsuit may affect investor confidence in crypto assets, potentially exacerbating market uncertainties.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
