J Capital report alleged misstated finances of King Mountain JV
Company: Hut 8 - Project: King Mountain
The claim, verbatim
J Capital Research report alleged that Hut 8 misstated certain finances of the King Mountain JV by failing to account for certain interest expenses
Source (primary)
Ubhi v. Leverton — Entry #1: COMPLAINT against Joe Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jaime Leverton, Stanley O'Neal, Rick Rickertsen, Mayo A (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-26)Live source ↗
Quote: “that the Company had misstated certain finances of the King Mountain JV by failing to account for certain interest expenses”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The complaint says the J Capital report alleged Hut 8 misstated King Mountain JV finances by omitting certain interest expenses.
Confirmed in the source:
- The J Capital Research report alleged that Hut 8 misstated certain King Mountain JV finances by failing to account for certain interest expenses
What we did: Read our cached copy of RECAP (purchased via PACER) (https://storage.courtlistener.com/recap/gov.uscourts.ded.86297/gov.uscourts.ded.86297.1.0.pdf) in full (66,775 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Ubhi v. Leverton — Entry #1: COMPLAINT against Joe Flinn, Asher Genoot, Alexia Hefti, Mike Ho, Hut 8 Corp., Jaime Leverton, Stanley O'Neal, Rick Rickertsen, Mayo A
Quote: “that the Company had misstated certain finances of the King Mountain JV by failing to account for certain interest expenses”