| Bit Digital
Is Sued For False Claim of Bitcoin Miners
in China Now Motion Due Nov 19
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Oct 31 – Anthony Pauwels sued
Bit Digital for fraud, under
the Securities Exchange Act of
1934.
On October 29 U.S. District
Court for the Southern
District of New York Judge
Andrew L. Carter held a
proceeding. Inner City Press
covered it.
Pauwels
complaint that though Bit
Digital "claimed it was
operating 22,869 bitcoin
miners in China," J Capital
Research verified with local
governments supposedly hosting
the BTBT mining operations
that there are no bitcoin
miners there."
Judge
Carter said that defendants'
motion to dismiss is due
November 19.
The case is
In re Bit Digital, Inc.
Securities Litigation,
21-cv-515 (Carter)
***
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