Trending...
- Governor Gavin Newsom signs SB 27, strengthening California's CARE Act and expanding access to behavioral health services
- Cent Capital Launches FinPedia, a Free Financial Literacy Resource for Personal Finance and Investing
- RNHA FL Unveils Bold New Leadership Ahead of 2026 Elections
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Bit Digital Inc. ("Bit Digital" or the "Company") (NASDAQ: BTBT) on behalf of investors concerning the Company's possible violations of federal securities laws.
If you are a shareholder who suffered a loss, click here to participate.
On January 11, 2021, J Capital Research issued a research report alleging, among other things, that Bit Digital operates "a fake crypto currency business" "designed to steal funds from investors." Though the Company claims, "it was operating 22,869 bitcoin miners in China," J Capital alleged that "is simply not possible" and stated that "[w]e verified with local governments supposedly hosting the BTBT mining operation that there are no bitcoin miners there."
More on The Californer
On this news, Bit Digital's stock price fell $6.27 per share, or 25%, to close at $18.76 per share on January 11, 2021.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you purchased Bit Digital securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
If you are a shareholder who suffered a loss, click here to participate.
On January 11, 2021, J Capital Research issued a research report alleging, among other things, that Bit Digital operates "a fake crypto currency business" "designed to steal funds from investors." Though the Company claims, "it was operating 22,869 bitcoin miners in China," J Capital alleged that "is simply not possible" and stated that "[w]e verified with local governments supposedly hosting the BTBT mining operation that there are no bitcoin miners there."
More on The Californer
- Super ChatGPT Hack - No Coding Required! 10X Your Income (Learning) with this Amazing ChatGPT Sec
- Cancer Survivor Roslyn Franken Marks 30-Year Milestone with Empowering Gift for Women
- ICYMI: Governor Newsom congratulates California Nobel laureates, underscoring the state's global dominance in science and innovation
- Hard Hitting Political Issues Column in Noted African American Newspaper Now Facebook Livestreamed
- Record-breaking quarter: California reaches historic high in ZEV sales
On this news, Bit Digital's stock price fell $6.27 per share, or 25%, to close at $18.76 per share on January 11, 2021.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
If you purchased Bit Digital securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Filed Under: Business
0 Comments
Latest on The Californer
- CCHR: VA's Psychiatric Treatments Betray Veterans, Fuel Suicide and Death
- Integris Composites Named Armor Partner for U.S. Army's XM30 Combat Vehicle
- Limited Time: Get $50 Off Water Heater Replacement or Installation from Curoso Plumbing
- Viewing Figures: Soap Opera Insights and Viewership
- Destination: Scientology, Del Valle Celebrates the Cultural Heritage of Mexico
- Jaipur Countryside, 4-Star Comfort: $199 for Two— All-Inclusive with Meals + Transfers at Heritage Hotel Savista
- The Underdog Rises: The First Lady Olivia and Tanasha Donna
- California: Governor Newsom signs bill to protect parents' rights and children
- Probate Shepherd® Announces a New Member Probate Attorney in Fort Worth, TX
- Phinge Announces "Test the Waters" Campaign for Potential Regulation A+ Offering: Home of Netverse Verified AI & Patented App-less Technology Platform
- Why Jobseekers Should Invest in a Professional Resume Writer
- Voices for Humanity Leads Resurgence of Moral Values in Hungary with Antónia and Ferenc Novák
- Richline Transportation Elevates San Diego Airport Transfers with Luxury Black Car Service
- RJ Grimshaw Launches "The AI EDGE" A Practical Guide Where Leadership Meets Innovation
- WECS TV Show San Francisco ~ Dallas Spotlights Sherri Young, AASC Executive Director
- California: Governor Newsom statement on the passing of Diane Keaton
- California: Governor Newsom issues legislative update 10.11.25
- Probate Shepherd® Announces a New Member Probate Attorney in Sugar Land, TX
- California: Governor Newsom signs SB 41 to lower the cost of prescription drugs
- New Song "Soccer Will Soar" Celebrates Upcoming 2026 World Cup and Welcomes Fans to the USA