US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue

The US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have supported a class-action lawsuit against Nvidia, accusing the company of misleading investors. According to court filings, both agencies submitted an amicus brief backing Nvidia investors who allege that the firm misrepresented the impact of crypto mining on its 2017/2018 revenue. The … Continue reading US government backs lawsuit claiming Nvidia misled investors on crypto mining revenue