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Undisclosed related party at USBTC

Company: Hut 8

Subject kind
partnership
Statement date
2024-04-05
Current status
stated

The claim, verbatim

One of USBTC's biggest shareholders was an undisclosed related party whose relationship was not disclosed in merger materials.

Source (primary)

Thompson v. Leverton — Entry #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick… (RECAP, court_filing)
View cached copy (2026-09-26)Live source ↗

Quote: “the Merger was consummated on misstatements and omissions of material fact that failed to disclose that: (1) one of USBTC's biggest shareholders was an "undisclosed related party;"”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Thompson v. Leverton — Entry #9: FIRST AMENDED COMPLAINT amending 1 Complaint, against Joseph Flinn, Asher Genoot, Alexia Hefti, Michael Ho, Hut 8 Corp., Jamie Leverton, Stanley O'Neal, Rick…

Quote: “the Merger was consummated on misstatements and omissions of material fact that failed to disclose that: (1) one of USBTC's biggest shareholders was an "undisclosed related party;"”

View cached copy (2026-09-26)Live source ↗