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Former NFL star ‘Gronk’ to pay $1.9 million to settle Voyager investors’ lawsuit
Rob Gronkowski, a former member of the New England Patriots and Tampa Bay Buccaneers, will pay $1.9 million to settle claims brought against him by former clients of Voyager Digital, a cryptocurrency lender.
THE settlementwhich is still subject to approval from the court overseeing the civil suit, will see the National Football League star known as “Gronk” paid into a $2.4 million pool alongside National Basketball Association player Victor Oladipo and the pilot of Landon Cassill race car, a court heard. May 3 filing.
Gronkowski became a “brand ambassador, Voyager shareholder” and holder of Voyager’s VGX token in September 2021, a company Press release announced at the time.
Voyager files for bankruptcy in 2022.
That same year a group of Voyager investors sued Dallas Mavericks owner Mark Cuban and other Voyager promoters, adding Gronkowski and other promoters. last year. The investors announced in February that they had reached a settlement with Gronkowski. Last week’s filing saw Voyager investors announce they were ready to proceed with “the first tranche of proposed class settlements,” which have been made with Gronkowski, Oladipo and Cassill.
“Plaintiffs have now agreed with Voyager promoters Cassill, Gronkowski and Oladipo to millions of dollars in class damages, leaving co-defendants Mark Cuban and the Dallas Mavericks as the remaining defendants for trial in November 2024,” the filing reads. declaration.
According to a accompanying exhibition, Gronkowski will pay $1.9 million, Oladipo will pay $500,000 and Cassill will pay $25,000 to settle claims. If the court approves the settlement, the claims against the three will be dismissed.
Coincidentally, the investors filed the proposed settlement with the court just two days before former NFL quarterback Tom Brady, Gronkowski’s former teammate, attended a comedy roast, which featured several comedians and other stars commenting on the Brady’s previous crypto sponsorships, albeit without mentioning FTX. Brady promoted the late Sam Bankman-Fried trade.
Comedian Kevin Hart joked that the roast would take place at the Kia Forum and not Crypto.com Arena to avoid reminding people that Brady owed them money, while fellow comedian Nikki Glaser took a more pointed approach.
“Tom also lost $30 million in cryptocurrencies. Tom, how did you fall for that? I mean, even Gronk was like, ‘I know that’s not real money,'” he said.