A judge in Florida has given preliminary approval for a $2.4 million settlement between three sports personalities and Voyager Digital, a cryptocurrency company. Robert Gronkowski, Victor Oladipo, and Landon Cassill were being sued for promoting Voyager Digital to potential investors. The three athletes will pay $2.4 million to settle the lawsuit, with Gronkowski paying the majority at $1.9 million.

The lawsuit was filed after Voyager Digital filed for bankruptcy, causing investors to lose an estimated $3 billion. The plaintiffs claimed that Gronkowski, Oladipo, and Cassill had promoted unregistered securities, and they sought to hold the trio accountable for their losses. The lawsuit also named Mark Cuban, the owner of the Dallas Mavericks, and the NBA team itself as defendants. However, they are not part of this settlement, and their case will proceed to trial in November.

Gronkowski's involvement with Voyager Digital was extensive, as he was a brand ambassador, shareholder, and holder of VGX tokens. Oladipo and Cassill were also involved, albeit to a lesser extent. The settlement is a significant development in the case, as it shows that the athletes are willing to take responsibility for their actions. However, it is essential to note that the settlement does not imply any admission of guilt or wrongdoing.

The case highlights the risks associated with investing in cryptocurrencies and the importance of doing due diligence before investing. It also raises questions about the responsibility of celebrities who promote investment opportunities without properly disclosing the risks involved. As the case against Cuban and the Dallas Mavericks proceeds, it will be interesting to see how the court rules on the matter.

In conclusion, the settlement between Gronkowski, Oladipo, Cassill, and Voyager Digital is a significant development in the lawsuit. It shows that the athletes are willing to take responsibility for their actions, and it highlights the importance of being cautious when investing in cryptocurrencies. The case is a reminder that investing in cryptocurrencies carries risks, and it is essential to do due diligence before investing.