Billionaire Mark Cuban To Be Questioned Under Oath for Allegedly Promoting Bankrupt Crypto Firm Voyager Digital

Dallas Mavericks proprietor and billionaire Mark Cuban is anticipated to bear a deposition subsequent month within the civil lawsuit filed in opposition to him for allegedly selling now-bankrupt crypto lender Voyager Digital.

U.S. Justice of the Peace Choose Lisette M. Reid is denying Cuban’s request to separate the deposition into two classes and ordered his full deposition to happen on February 2 in Dallas, Texas.

A deposition requires an individual to reply questions underneath oath throughout the discovery section of a authorized battle within the lead-up to a possible trial.

Reid can also be ordering the deposition of Dallas Mavericks workers Ryan Mackey and Kyle Tapply earlier than February 23.

Moreover, the choose set depositions for plaintiffs Pierce Robertson, Rachel Gold, and Sanford Gold to happen earlier than the top of this month.

The Moskowitz Legislation Agency filed a civil go well with in the USA District Courtroom in Southern Florida in opposition to Cuban in August 2022 claiming that Cuban reached out to followers of his NBA basketball workforce to advertise the crypto dealer.

The lawsuit claims Cuban misrepresented Voyager a number of instances and that the corporate was a Ponzi scheme. The go well with additionally names the Dallas Mavericks workforce and Voyager CEO Steve Ehrlich and seeks damages of as much as $5 billion in alleged investor losses.

Voyager filed for chapter in July.

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Verify Value Motion

Comply with us on Twitter, Facebook and Telegram

Surf The Each day Hodl Combine

Featured Picture: Shutterstock/WindAwake
Generated Picture: Midjourney

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button