Updates for Getting Payment on Stronghold Settlement Over the 2021 IPO Scandal

Hey there, I guess there are some Stronghold investors here. I found some good news for y’all — Stronghold agreed to settle $4.75M + 25 BTC over the financial issues they had, and they’re accepting late claims.

For newbies, back in 2022, Stronghold was accused of hiding issues with contracted suppliers, missed deadlines, and difficulties in obtaining new mining equipment. Apparently, their IPO didn’t show the truth about their losses.

As a result, $SDIG fell, and investors filed a lawsuit over this hidden info.

The company already agreed to pay investors $4.75M + 25 BTC over this whole situation. And now, they’re accepting claims even though the deadline has passed. So, if you were an investor back then, it’s worth check if you’re eligible to file for payment.

Anyways, did you invest in Stronghold back then? How big were your losses due to all this?

submitted by /u/11thestate to r/btc
[link] [comments]
Quelle: bitcoin-en