Class Action

Highlights: Pomerantz sues Strategy for misleading investors on Bitcoin profits and downplaying volatility risks. Lawsuit cites $5.9B unrealized loss, 8% stock drop after adopting new accounting rules. Strategy holds 597,325 BTC, bought using debt and equity, as its primary reserve […]

Highlights: Coinbase is sued for losses after a data breach and FCA rule break. Earlier this month, hackers stole user data, leading to a drop in Coinbase’s stock. Last year, FCA fined Coinbase for letting high-risk customers trade, causing stock […]