Cuban, an owner of the Dallas Mavericks, is accused by the plaintiffs, who represent former investors, of breaching securities laws by inducing them to open interest-bearing accounts at Voyager, as well as allegedly seeking to prevent the potential production of documents that plaintiffs claim are material, non-public, inside information regarding the listing of the VGX token on Coinbase.
“He’s got all my interactions with the CEO of Voyager,” Cuban said about Moskowitz in an interview. “I owned a total of 4,000 Voyager tokens and sold a total of about 400 tokens. So the concept of insider trading, particularly when there’s no conversation with the CEO around that time, is ridiculous.”
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