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Bitcoin miner Hut 8 seeks court dismissal of shareholder class action suit over selling short
Bitcoin miner Hut 8 has filed a motion in court to dismiss a class action lawsuit by its shareholders, which it says was triggered by a sell short report alleging it overpaid for a company with serious operational problems. In a Dec. 2 filing in federal court in New York, Hut 8 said selling short J Capital Research participated in "a campaign to depress Hut 8's share price for its own benefit...
2024-12-04 05:21:55
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