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Hut 8 Faces Lawsuit: Investors, Here's What to Know | FinOracle

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Hut 8 Faces Lawsuit: Investors, Here’s What to Know

A class action lawsuit has been filed against Hut 8 Corp. for Securities Exchange Act violations, including alleged failure to disclose related party and overstating asset profitability. The lawsuit emerged following a report by J Capital Research, causing Hut 8's stock price to plummet. Investors are encouraged to contact Bernstein Liebhard LLP to discuss their legal rights. The outcome of this lawsuit will be closely watched in the cryptocurrency industry.

by John Darbie
Tue, Feb 13, 2024 8:40am
in Business
• 2 mins read
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Hut 8 Faces Lawsuit: Investors, Here's What to Know | FinOracle

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Class Action Lawsuit Filed Against Hut 8 Corp. for Securities Exchange Act Violations

A class action lawsuit has been initiated against Hut 8 Corp., a leading cryptocurrency and data mining company, for alleged violations of the Securities Exchange Act of 1934. The lawsuit, filed in the United States District Court for the Southern District of New York, represents investors who acquired Hut 8 securities between November 9, 2023, and January 18, 2024.

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