- Hagens Berman Nation Trial Attorneys are investigating Bit Digital (BTBT) for possible security law violations.
- Investigators are urging BTBT Investors to come forward with their claim for losses.
- J Capital Research analytics report highlights the company’s fraudulent activities.
Hagens Berman National Trial Attorneys probes Bit Digital (BTBT) for possible breach of security laws. The law firm is urging BTBT investors to come forth with claims and assist in the trial.
A report from J Capital Research on 11th January sparked the trial. Above all, the report claimed fraudulent actions within the brand. Moreover, it reported BTBT as a fake crypto business created to steal its investor’s funds.
Furthermore, the report marked one activity clearly, an account from the end of Q3 2020. This stated that the company was running 22,869 Bitcoin miners in China.
However, upon trying to verify this data with the supposed local governments hosting the miners, it was clear that these Bitcoin miners did not exist.
Hagens Berman partner Reed Kathrein says that the law firm focuses fully on investor losses. Hence, they are here to find out if BTBT has faked its business.
Users holding any data about the Bit Digital case are urged to get involved with the SEC Whistleblower program. Here, whistleblowers may get rewards that could go up to 30% of the recovery seen by the SEC.