Judge Dismisses Lawsuit Against Mark Cuban by Former Voyager Investors
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 01 2026- Lawsuit Dismissal: Federal Judge Roy Altman dismissed the lawsuit against billionaire Mark Cuban by former Voyager investors, citing the plaintiffs' failure to establish personal jurisdiction, highlighting the complexities of legal proceedings and the challenges investors face in seeking redress.
- False Representation Allegations: The class-action lawsuit filed in August 2022 accused Voyager of false representations in its five-year partnership with the Dallas Mavericks, underscoring the industry's issues with underestimating risks associated with cryptocurrency investments.
- Lack of Evidence: The judge noted that the plaintiffs failed to provide evidence that Cuban and the Mavericks conducted business in Florida, emphasizing the importance of proving jurisdiction in interstate legal actions, which may influence future litigation strategies in similar cases.
- Market Impact: The dismissal of this lawsuit aligns with the overall downturn in the cryptocurrency market in 2022, reflecting the legal challenges investors face amid market volatility, potentially leading to further declines in confidence in cryptocurrency investments.
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.
