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#BIG_TECH | #International_Tech_News
#Mark_Cuban, #Mavericks in #HOT_WATER over Voyager ‘#Ponzi_scheme’
A group of #Voyager_Digital customers filed a class-action suit in #Florida #federal_court against #Mark_Cuban..
Voyager, a New Jersey-based crypto firm, filed for Chapter 11 #bankruptcy in July ..
The firm is one of many that got #burned after #loaning money, in Voyager’s case worth ~$600 million, to #hedge_fund #Three_Arrows_Capital (3AC).
The #plaintiffs in the suit against #Cuban described Voyager as “an #unregulated and #unsustainable #fraud, similar to other #PONZI_SCHEMES.”
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