The previous NFL tight finish reportedly hasn’t been listed as a defendant at the moment, though he was a model ambassador for Voyager Digital.
Rob Gronkowski has been issued a subpoena for the class-action lawsuit towards Mavericks proprietor Mark Cuban and the franchise for the promotion of cryptocurrency brokerage Voyager Digital, in keeping with courtroom paperwork obtained by The Athletic.
The NFL veteran is a model ambassador for the now-bankrupt firm. On the time of publication, Gronkowski has not been listed as a defendant within the case. Nevertheless, the plaintiffs’ lawyer, Adam Moskowitz, stated in an announcement to the outlet, “He isn’t a named defendant but, however the courtroom gave us till Feb. 24 to file an amended criticism towards Voyager (reminiscent of including defendants, claims and plaintiffs), we all know he was a ‘Model Ambassador’ for Voyager who ‘promoted’ the unsecured securities (the ‘curiosity accounts’). We served him with a third-party subpoena, and we’ve got named the entire FTX ‘Model Ambassadors’ in our pending federal class motion.”
The FTX proceedings talked about discuss with a separate class-action lawsuit filed against Tom Brady, Stephen Curry, Naomi Osaka, Larry David, Shohei Ohtani and Shaquille O’Neal, to call a couple of notable figures. That lawsuit claims these people, amongst others, “both managed, promoted, assisted in, and actively participated” within the alleged scheme the place they “aggressively marketed” FTX. The submitting describes the corporate as “actually a home of playing cards, a Ponzi scheme the place the FTX Entities shuffled buyer funds between their opaque affiliated entities, utilizing new investor funds obtained by means of investments within the YBAs and loans to pay curiosity to the outdated ones and to aim to keep up the looks of liquidity.”
The lawsuit towards the Mavs and Cuban follows an identical thread, calling Voyager Digital “unregulated and unsustainable fraud, just like different Ponzi schemes” that “particularly goal[s] younger and inexperienced traders,” in keeping with Forbes.
Voyager stopped withdrawals and buying and selling on July 1, 2022, and filed for Chapter 11 only a few days later. In keeping with The Athletic, the courtroom dominated Cuban may be deposed subsequent month. His involvement allegedly went past simply the staff sponsorship, as he additionally joined cryptocurrency conferences.
