Steve Ballmer Loses $60 Million in Aspiration Investment Collapse 2026

Clippers owner Steve Ballmer's $60M investment in defunct fintech Aspiration faces legal fallout amid founder's sentencing.

Attorneys representing the NBA and Clippers owner Steve Ballmer submitted separate letters to a federal judge ahead of the sentencing of Joseph Sanberg, the co-founder of Aspiration, a now-defunct company at the center of an investigation by the league.