Attorneys won $4.6 million and 25 bitcoins in a class action against Stronghold Digital Mining for inadequate supply chain disclosures. This case highlights the legal challenges faced by crypto companies regarding transparency and risk management.
In a recent class action lawsuit, attorneys successfully obtained a fee award of $4.6 million and 25 bitcoins from Stronghold Digital Mining Inc. The suit claimed that the company failed to adequately disclose risks associated with its supply chain. This decision underscores the legal scrutiny that crypto companies may face, primarily concerning transparency and risk management in their operations.
