NEW YORK, March 1, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against:
- Hut 8 Corp. (NASDAQ: HUT)
Please contact fletcher@fmoorelaw.com.
Hut 8 is a crypto currency and data mining company. According to the complaint, Hut 8 formed following the November 2023 merger of Hut 8 Mining Corp. and U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. ("USBTC").
The investigation concerns allegations of false statements and/or concealment that: (1) one of the largest shareholders in U.S. Data Mining Group, Inc. d/b/a US Bitcoin Corp. ("USBTC"), one of the companies that merged to create Hub 8, is an undisclosed related party; (2) one of USBTC's core assets has historically failed to provide energy and high-speed internet; (3) the profitability of certain USBTC assets were overstated; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you own Hut 8 Corp. (NASDAQ: HUT) please contact Fletcher Moore, Esq. by email at fletcher@fmoorelaw.com. There is no cost to you. We will never send you a bill or ask you for payment.
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Moore Law, PLLC
30 Wall Street, 8th Floor
New York, NY 10005
Fletcher Moore, Esq.
fletcher@fmoorelaw.com
(212) 709-8245
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