NEW YORK, March 1, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against:
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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 This email address is being protected from spambots. You need JavaScript enabled to view it.. 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.
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(212) 709-8245
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