Key Insights:
Federal judge approves class-action lawsuit against Nvidia and CEO Jensen Huang.
Investors claim $1B in crypto-driven GPU sales were hidden in gaming revenue.
SEC fined Nvidia $5.5M in 2022 for failing to disclose the impact of crypto.
Wall Street giant Nvidia is reportedly facing a class-action lawsuit after investors accused the company of concealing crypto mining revenue. A federal judge has now approved the case, highlighting that the company has failed to prove that its crypto mining revenue did not affect its stock price.
NVIDIA Hit with Class Action
The latest reports indicate that a federal judge has approved a class action lawsuit filed by a group of investors against Nvidia, one of the world’s biggest tech companies. Investors had filed a suit against the company and its CEO, Jensen Huang, claiming that they hid the firm’s gaming GPU sales. Reports link these sales to crypto mining between 2017 and 2018.
NVIDIA Lawsuit | Source: Court Order
We współpracy z: https://www.thecoinrepublic.com/2026/03/26/nvidia-faces-class-action-over-crypto-mining-revenue/
