BUSINESSJun 23 · 10:35 UTCTHE BLOCKNaga Avan-Nomayo

Hut 8 agrees to $2.35 million settlement in investor suit tied to US Bitcoin merger

Hut 8 agreed to pay $2.35 million to settle a securities class action lawsuit over disclosure claims related to its 2023 merger with U.S. Bitcoin Corp. The settlement addresses investor allegations tied to the merger's financial disclosures.

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Hut 8organizationU.S. Bitcoin Corporganizationsecurities class actiontopicinvestor suittopicdisclosure claimstopicmergertopic

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