Hut 8 Reaches $2.35M Settlement in Investor Case Over USBTC Merger
Hut 8 agreed to settle USBTC merger investor lawsuit claims. Investors alleged undisclosed King Mountain risks and financial disclosures. Court narrowed claims before settlement while Hut 8 denied. Hut 8 has reached a $2.35 million settlement in a securities lawsuit linked to its merger with U.S. Bitcoin Corp. The proposed agreement would resolve claims that the bitcoin mining company failed to…










