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BitDegree 2024-02-09 11:16:38

Legal Tussle: NBA Sued Over Ties with Failed Crypto Exchange Voyager Digital

Key Takeaways The NBA is sued due to allegations of negligence in approving marketing deals with Voyager Digital, which has led to investor losses exceeding $4.2 billion. Plaintiffs argue that the NBA's widespread promotion of Voyager makes it liable for investors' financial damages. The NBA and Voyager's law firm have yet to issue public statements in response to the allegations.

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