Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8.
The U.S. Securities and Exchange Commission has ordered crypto mining firm Marathon Digital Holdings to produce documents and communications for one of its mining facilities in Montana.According to a Nov. 15 filing with the SEC, Marathon Digital received a subpoena concerning an investigation concerning possible violations of the federal securities law related to its Hardin, Montana data center. In the third quarter of 2021, the SEC ordered the mining firm to produce documents and communications for the 100 megawatt facility, which it made arrangements to develop and stock with Bitcoin (BTC) miners in October 2020.Marathon Digital said it was cooperating with the SEC’s investigation but did not go into details regarding the subpoena. A separate filing from October 2020 s
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