AI Miner Hut 8 Pays $2.35 Million to Settle Investor Claims Linked to 2023 USBTC Merger
Former bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action lawsuit that alleged it misled investors over its 2023 merger with US Bitcoin Corp. (USBTC). The lawsuit, filed in the U.S. District Court for the Southern District of New York, focused on Hut 8’s all-stock merger with USBTC, […]
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