NFL legend Rob Gronkowski’s crypto shilling will likely cost him $1.9 million in lawsuit

Former NFL great Rob Gronkowski has agreed to pay $1.9 million to settle a Voyager Digital investor suit, according to court documents.

In 2021, the winner of multiple Super Bowls signed on to become a Voyager brand ambassador, shareholder, and holder of the Voyager’s VGX token. The crypto lender then filed for bankruptcy the following year.

“All Settling Defendants have to provide collectively $2,425,000 in monetary relief,” the filing said. Defendants listed as part of this wave of proposed settlements include Gronkowski, NBA player Victor Oladipo, and racecar driver Landon Cassill. Should the proposed settlement be accepted by the court, Gronkowski will pay $1.9 million of the total sum, according to court documents.

The main defendant named in the class action lawsuit is Dallas Mavericks minority owner Mark Cuban. The billionaire was scheduled to be deposed in February as part of his defense in the lawsuit that alleges he promoted Voyager Digital.

At the end of 2022, Gronkowski’s former teammate, quarterback Tom Brady, was also named in a class action lawsuit for promoting the now-bankrupt FTX.

 

Related posts

Trump NFT and Merch Buyers May Be Eligible for Solana Meme Coin Airdrop

Coinbase and Aston Martin Seal F1 Sponsorship Deal Paid in Stablecoin USDC

Stablecoin Giant Tether Buys Minority Stake in Juventus Soccer Club

This website uses cookies to improve your experience. To read more or opt here visit the privacy policy. Read More