Dallas Mavericks owner and billionaire Mark Cuban is expected to undergo a deposition next month in the civil lawsuit filed against him for allegedly promoting now-bankrupt crypto lender Voyager Digital.
U.S. Magistrate Judge Lisette M. Reid is denying Cuban’s request to split the deposition into two sessions and ordered his full deposition to occur on February 2 in Dallas, Texas.
A deposition requires a person to answer questions under oath during the discovery phase of a legal battle in the lead-up to a potential trial.
Reid is also ordering the deposition of Dallas Mavericks employees Ryan Mackey and Kyle Tapply before February 23.
Additionally, the judge set depositions for plaintiffs Pierce Robertson, Rachel Gold, and Sanford Gold to occur before the end of this month.
The Moskowitz Law Firm filed a civil suit in the United States District Court in Southern Florida against Cuban in August 2022 claiming that Cuban reached out to fans of his NBA basketball team to promote the crypto broker.
The lawsuit claims Cuban misrepresented Voyager multiple times and that the company was a Ponzi scheme. The suit also names the Dallas Mavericks team and Voyager CEO Steve Ehrlich and seeks damages of up to $5 billion in alleged investor losses.
Voyager filed for bankruptcy in July.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/WindAwake
Generated Image: Midjourney
