Materially false statements on assets and profitability
Company: Hut 8
The claim, verbatim
Defendants made or participated in making materially false and misleading statements regarding the assets, profitability, and risks of Hut 8
Source (primary)
Thompson v. Leverton — Entry #11: ORDER: Accordingly, the Court is inclined to transfer this case to the Southern District of Florida pursuant to 28 U.S.C (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-27)Live source ↗
Quote: “Defendants made or participated in making materially false and misleading statements regarding the assets, profitability, and risks of Hut 8 Corp.”
How we checked this
Checked on September 28, 2026. The cited source supports part of this claim, but not all of it.
The court order summarizes this as an allegation in the plaintiff's amended complaint. It makes no finding that the statements were in fact false or misleading.
Confirmed in the source:
- A shareholder derivative complaint filed April 3, 2024 alleges that Defendants made or participated in making materially false and misleading statements regarding the assets, profitability, and risks of Hut 8 Corp.
We could not confirm this from the cited source:
- That Defendants actually made materially false and misleading statements about Hut 8's assets, profitability, and risks; the court order only recounts this as the plaintiff's allegation.
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of RECAP (purchased via PACER) (https://storage.courtlistener.com/recap/gov.uscourts.nysd.618845/gov.uscourts.nysd.618845.11.0.pdf) in full (4,687 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Thompson v. Leverton — Entry #11: ORDER: Accordingly, the Court is inclined to transfer this case to the Southern District of Florida pursuant to 28 U.S.C
Quote: “Defendants made or participated in making materially false and misleading statements regarding the assets, profitability, and risks of Hut 8 Corp.”