Tag Archives: Mark Cuban

Why are Silicon Valley venture capitalists suddenly supporting Donald Trump? Billionaire Mark Cuban – one of the politician’s staunchest critics – says “It’s a Bitcoin play.” The businessman’s analysis follows several Trump endorsements from wealthy crypto leaders who explicitly favor him because he promises to protect their industry. Silicon Valley, Trump, and Bitcoin According to Cuban, a Trump Presidency would be directly accretive to Bitcoin’s price – an asset that has...

On May 11, the American businessman and television personality said if Joe Biden loses the presidential election, “there is a good chance you will be able to thank Gary Gensler and the SEC (Securities and Exchange Commission).” “Crypto is a mainstay with younger and independent voters,” he said before adding that SEC Chair Gensler “has not protected a single investor against fraud.” The outspoken entrepreneur didn’t stop there, adding that all the SEC has done is make it...

Investors claim the deal led to total losses of around $4.2 billion when the company collapsed during the crypto contagions of 2022. The lawsuit alleges the NBA was “grossly negligent” in agreeing to a marketing deal between Voyager and Mark Cuban’s Dallas Mavericks. Moreover, several NBA teams had deals to promote crypto companies like Voyager and FTX, which also failed. Unregistered Securities Promotion This latest lawsuit was filed in Miami on Feb. 6, claiming that the NBA...

CoinspeakerVoyager Digital Investors Sue NBA for Promoting the Failed Crypto Lender The lawsuit also names Voyager Digital’s law firm McCarter & English. It is alleged that the firm played on its credibility to issue a bogus "legal opinion" that Voyager’s native utility token Voyager Token (VGX) was not an unregistered security. Voyager Digital Investors Sue NBA for Promoting the Failed Crypto Lender

Mark Cuban recently took to X on Monday afternoon for a spontaneous Ask Me Anything (AMA) session with his 8.8 million followers, where he touched on various topics, including crypto-related ones. When asked about his preferred cryptocurrency ventures beyond Bitcoin and Ethereum, Mark Cuban highlighted Polygon and Injective, declaring, “I’ve invested in both (DYOR).” Dallas Mavericks Still Accepts Dogecoin One of the questions touched on Cuban’s support for Dogecoin, with the...

Luckily, Cuban was quickly alerted and managed to move over $2.5 million worth of other crypto he had on Polygon to a Coinbase exchange address. It turned out to be a huge mistake for tech billionaire Mark Cuban when he decided to revisit crypto this past weekend. Having been inactive for several months, the Dallas Maverick owner thought it a good idea to look up his holdings, only to fall victim to a crypto scam. According to blockchain data, he lost around $870,000 worth of tokens to the...

Like most investors (and everyday Americans), billionaire Mark Cuban is not happy with the Securities and Exchange Commission (SEC). In fact, he’s downright angry with the institution and says it’s abusing its power. Mark Cuban Targets the SEC in Twitter Slam In a recent interview, the owner of the Dallas Mavericks basketball team criticized the agency’s decision to go after Coinbase, the biggest and most popular crypto exchange in the U.S. He says the SEC is...

The prominent American businessman, TV personality, investor, and owner of the Dallas Mavericks – Mark Cuban – lambasted the US Securities and Exchange Commission (SEC) for choosing “the wrong path” to regulate crypto.  He believes its approach has been one reason why FTX investors in America have parted with substantial sums. On the other hand, he praised the actions of the Japanese regulators, outlining that “no one in FTX Japan lost money.” Cuban Goes on the Offensive...

Billionaire investor and crypto bull Mark Cuban is still a bitcoin fanatic. Despite everything that happened in 2022 and how bearish the market was, the space’s volatility and speculation has not put the owner of the Dallas Mavericks basketball team off from putting everything he has into bitcoin, the world’s number one digital currency by market cap. Mark Cuban Still Loves BTC In a recent interview with Bill Maher, a famed talk show host, Cuban claimed that owning gold...

Crypto broker Voyager – which was one of many crypto firms to enter bankruptcy proceedings in 2022 – has been given approval by a court to sell some of its assets to Binance (a larger crypto exchange and its primary competitor) for about $1 billion. Voyager Can Sell Its Assets to the Exchange The goal is to get back at least some of the money owed to customers. Several clients saw their money tied up in the crypto platform once the bankruptcy process began. Since that...