The NBA is facing a lawsuit from investors over its marketing ties with the now-defunct cryptocurrency exchange Voyager Digital, which allegedly resulted in $4.2 billion in losses. The lawsuit targets the NBA, McCarter & English, and former Dallas Mavericks owner Mark Cuban, alleging their involvement in promoting Voyager. The lawsuit accuses the NBA of negligent crypto promotions and links to the failed exchange, leading to substantial financial losses for investors. The lawsuit is a class action seeking to hold the NBA accountable for its promotional associations with Voyager Digital.
The NBA was hit with a lawsuit over its marketing links to failed crypto exchange Voyager Digital, which they claim led to $4.2 billion in losses https://t.co/SZRxc19Rbh
#NBA Hit With Class Action Lawsuit Over Alleged Negligent Crypto Promotions #VoyagerDigital https://t.co/p1mOmu6xjS
NBA Sued Mid-Season For Pushing Mark Cuban's Crypto Scams https://t.co/sfcNcpojlV
#NBA Faces Class Action Lawsuit Over #Voyager Digital Promotion https://t.co/p1mOmu6xjS
NEW: Investors sue 🏀 NBA for promoting defunct #cryptocurrency exchange Voyager, alleging 💵 $4.2B in losses, amid NBA's involvement in a marketing deal between Voyager and former Dallas Mavericks owner Mark Cuban, according to Bloomberg 👀 https://t.co/gWEomgKGX3
Investors sue Voyager lawyers and NBA over $4B in losses https://t.co/UVPfXIlaCk
📣 Latest News: NBA sued over marketing links with failed crypto lender Voyager Digital #news #cryptonews #crypto
The NBA faces a lawsuit due to its promotional associations with the now-defunct cryptocurrency exchange Voyager Digital Holdings Inc https://t.co/eDCFTfdPsh
The NBA was hit with a lawsuit over its marketing links to failed crypto exchange Voyager Digital, which they claim led to $4.2 billion in losses https://t.co/UHCAHVrzeX
Crypto Investors Sue NBA, McCarter & English https://t.co/KgBPpnVvgy