CryptoCoinDeskabout 5 hours ago
Hut 8 settles investor suit for $2.35M
1 min read
Hut 8 agreed to pay $2.35 million to settle a securities class action over its 2023 merger with U.S. Bitcoin Corp. Investors alleged the company failed to disclose energy curtailment and internet issues at the King Mountain mining venture. The settlement requires court approval and Hut 8 denies wrongdoing.
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