Ice Cube & Jeff Kwatinetz File Billion-Dollar Lawsuit Against Big3 Investors

Updated to include comment from the Qatar government’s communications office.

Big3 basketball league founders Ice Cube and Jeff Kwatinetz are suing a group of Qatari nationals for $1.2 billion, claiming the investors boasted of connections to the royal family and its riches, but paid little more than half of the money they agreed to invest in the 3-on-3 professional basketball league.

In a suit filed Thursday in Los Angeles Superior Court (read it here), the plaintiffs…

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