Bitcoin Miner Misled Investors About Biz Prospects, Suit Says

By Katryna Perera ( October 9, 2024, 4:38 PM EDT) -- Bitcoin mining operation Iris Energy Ltd. and three of its executives were hit with a shareholder suit in New York federal court alleging they misled investors about the company's high-performance computing and data center business prospects, particularly at a site in Texas that allegedly lacks infrastructure to support the business....

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