Yahoo Finance's Alexis Keenan discusses the lawsuit billionaire Mark Cuban is facing over allegations that he misrepresented his partnership with the now-bankrupt crypto firm Voyager.
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About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
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Francisco Gimeno - BC Analyst We are not surprised that a big name finds himself embroiled in a case like this. We have already pointed several times that the crypto winter with platforms like Voyager crashing to entering into bankruptcy is going to start a whole storm of cases due to crypto and DeFi working with unregulated frameworks, and lack of understanding of what is a security or not, mostly in US. Surely regulatory agencies there will use big names to make a stand and show they are not afraid to make the market fall into a full regulatory system.