Revive

Voyager

Circuit

Challenge

<h3 id="what-to-know">What to know:</h3>
<ul>
 <li>Voyager investors filed an appeal challenging the dismissal of claims against Cuban.</li>
 <li>Celebrity defendants settled earlier, leaving Cuban and the Mavericks in the lawsuit.</li>
 <li>Voyager bankruptcy fallout continues as appellate court reviews case.</li>
</ul>
Mark Cuban and the Dallas Mavericks are facing a renewed legal challenge from investors who lost money in <a href="https://36crypto.com/voyager-working-to-begin-payout-by-june-1-reports/" rel="noopener noreferrer nofollow">Voyager Digital’s collapse</a>. The group has <a href="https://www.tbstat.com/wp/uploads/2026/06/https-ecf-flsd-uscourts-gov-doc1-051129992022.pdf" rel="noopener noreferrer nofollow">filed</a>an appeal seeking to overturn a federal court decision that dismissed claims against the billionaire entrepreneur and the NBA franchise. 
The notice of appeal was submitted on Tuesday to the Eleventh Circuit Court of Appeals. Through the filing, the investors asked the court to review a December 2025 ruling that removed Cuban and the Mavericks from the lawsuit. 
U.S. District Judge Roy Altman previously found that the plaintiffs failed to show sufficient connections between their claims and the state of Florida. Consequently, the court dismissed the case against Cuban despite his ownership of residences in the state. 
Additionally, the investors challenged a May 27 order that denied requests to reopen the case and reconsider the dismissal. Their appeal also covers earlier rulings that became part of the final judgment. The latest move keeps alive one of the remaining legal disputes tied to Voyager’s downfall. The cryptocurrency brokerage <a href="https://36crypto.com/voyager-bankruptcy-users-may-not-get-their-crypto-back/" rel="noopener noreferrer nofollow">collapsed in 2022</a>, leaving customers with billions of dollars in losses. 
Also Read: <a href="https://36crypto.com/xrp-etfs-pulls-over-5-million-in-daily-inflows-as-total-aum-nears-1-billion/" rel="noopener noreferrer nofollow">XRP ETFs Pull Over $5 Million in Daily Inflows as Total AUM Nears $1 Billion</a> 
<h2 id="investors-challenge-court-s-jurisdiction-decision">Investors Challenge Court’s Jurisdiction Decision</h2>
According to the filing, the plaintiffs want the Eleventh Circuit to determine whether the Florida court properly dismissed their claims. They argue that the lower court’s decision deserves further review. If the appeals court agrees, the lawsuit could return to active litigation. Such a decision would allow investors to continue pursuing claims against Cuban and the Mavericks. 
The lawsuit was first filed in 2022, in which it <a href="https://36crypto.com/mark-cuban-open-to-leading-sec-amid-crypto-controversy/" rel="noopener noreferrer nofollow">accused Cuban</a> and several celebrity promoters of encouraging investments in Voyager before the company entered bankruptcy proceedings. Investors claimed that Voyager offered unregistered securities and that public endorsements helped attract customers to the platform. 
Several high-profile defendants have already resolved their involvement in the case. Former NFL star Rob Gronkowski, NBA player Victor Oladipo, and NASCAR driver Landon Cassill reached a $2.4 million settlement with investors in 2024. 
As a result, Cuban and the Dallas Mavericks became the primary remaining defendants in the litigation. Plaintiffs continue to argue that promotional activities connected to Voyager influenced investor decisions before the company’s collapse. 
<h2 id="voyager-bankruptcy-triggered-broader-legal-fallout">Voyager Bankruptcy Triggered Broader Legal Fallout</h2>
Voyager <a href="https://36crypto.com/cryptocurrency-broker-voyager-files-for-bankruptcy-protection/" rel="noopener noreferrer nofollow">filed for Chapter 11 bankruptcy protection in July 2022</a> during a severe downturn in the digital asset market. The company cited heavy customer withdrawals and the default of crypto hedge fund Three Arrows Capital on a $650 million loan. 
Moreover, Voyager became one of the most notable crypto failures of that period. Its bankruptcy sparked several lawsuits involving executives, business partners, and individuals who promoted the platform. 
The Eleventh Circuit will now decide whether the dismissed claims should move forward. The ruling could determine the next phase of the long-running legal battle surrounding Voyager Digital’s collapse. 
Also Read: <a href="https://36crypto.com/xrp-returns-to-key-2026-support-zone-as-buyers-defend-crucial-price-floor/" rel="noopener noreferrer nofollow">XRP Returns to Key 2026 Support Zone as Buyers Defend Crucial Price Floor</a> 
The post <a href="https://36crypto.com/voyager-investors-revive-fight-against-mark-cuban-with-new-appeal/" rel="noopener noreferrer nofollow">Voyager Investors Revive Fight Against Mark Cuban With New Appeal</a> appeared first on <a href="https://36crypto.com" rel="noopener noreferrer nofollow">36Crypto</a>.

Voyager Investors Revive Fight Against Mark Cuban With New Appeal

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