Hut 8 will pay $2.35 million to settle a class-action lawsuit alleging it misled investors about operational issues during its 2023 merger with US Bitcoin

The former bitcoin miner denied any wrongdoing related to its 2023 merger with U.S. Bitcoin Corp.

Hut 8 agreed to pay $2.35M to settle a securities class action over disclosure claims from its 2023 merger with U.S. Bitcoin Corp.