Voyager Investors Appeal Dismissal of Mark Cuban Lawsuit Over Crypto Promotion
Summary
Investors of the collapsed crypto brokerage Voyager Digital have filed an appeal with the Eleventh Circuit, challenging a Florida federal judge's dismissal of their claims against Mark Cuban and the Dallas Mavericks. The original lawsuit, filed in 2022, accused Cuban and others of promoting unregistered securities on Voyager's platform before its 2022 bankruptcy. The case was dismissed in December 2025 due to insufficient ties to Florida, and a motion to reopen was denied in May. This appeal reignites a high-profile legal battle stemming from Voyager's collapse, keeping the focus on the alleged promotion of unregistered securities. The Eleventh Circuit's decision on whether to overturn the dismissal will determine if the lawsuit against Cuban and the Mavericks proceeds.
At the time of this announcement, VYGVQ was trading at $0.00 on OTC in the Crypto Assets sector, with a market capitalization of approximately $28.7K. The 52-week trading range was $0.00 to $0.50. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: The Block.