Stronghold Digital Settles Lawsuit Over IPO Claims

According to Foresight News, Stronghold Digital has agreed to a settlement involving a payment of $4.75 million and 25 bitcoins to resolve a class-action lawsuit. The lawsuit accused the company of overstating its bitcoin mining capabilities during its 2021 initial public offering (IPO). Court documents reveal that the settlement was reached after a year of mediation and will be paid in... source: https://www.binance.com/en/square/post/16177276769178?utm_source=BinanceNewsRSS