A group of Voyager Digital customers filed a class-action suit in Florida federal court against Cuban as well as the basketball team he owns, the Dallas Mavericks, alleging their promotion of the crypto platform resulted in over 3.5 million investors losing $5 billion collectively.
The Justice Department and SDNY U.S. Attorneyβs Office have begun getting more active in prosecuting crypto crimes, but the NFT space has largely evaded much action, which made the announcement a bit of a shock to those in the crypto space. OpenSea soon fired Chastain after they determined the allegations were legitimate, though Chastain has continued to be active in the NFT community, especially on Twitter.