NBA Sued by Investors Over $4.2B Loss With Crypto Firm Voyager Connection

A group of investors has filed a lawsuit against the NBA, linking it to the collapsed cryptocurrency trading platform Voyager Digital. The legal action alleges that the NBAs involvement in a promotional agreement with Voyager Digital was negligent and reckless. Allegations of Negligence and Recklessness The lawsuit accuses the NBA of acting grossly negligently by approving a multi-year marketing deal between Voyager Digital and Mark Cuban, the owner of the Dallas Mavericks. Investors claim that the NBAs enthusiastic cryptocurrency promotion lacked consideration for the...

source: https://tokenpost.com/NBA-Sued-by-Investors-Over-42B-Loss-With-Crypto-Firm-Voyager-Connection-11212

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