Hut 8 agrees to $2.35 million settlement in USBTC investor suit

AI Miner, Hut 8 (NASDAQ: HUT), has agreed to a $2.35 million settlement to resolve a securities class action suit filed by investors claiming that the Bitcoin miner concealed operational problems at a Texas mining site acquired during its 2023 merger with U.S. Bitcoin Corp. The proposed settlement deal was filed in the U.S. District...