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$4.75M cash portion of settlement found reasonable

Company: TeraWulf

Subject kind
other
Statement date
2026-09-28
Promised amount
4750000.0 USD
Current status
verified

The claim, verbatim

The court found the $4.75 million cash portion of the settlement reasonable on its own, representing 4.9% to 8.75% of the best possible recovery.

Source (primary)

Winter v. Stronghold Digital Mining, Inc. — Entry #137: TRANSCRIPT of Proceedings re: CONFERENCE held on 4/11/2025 before Judge Ronnie Abrams (RECAP, court_filing)
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Quote: “I therefore find the $4.75 million cash portion of the settlement alone to be reasonable, before considering the Bitcoin-indexed portion.”

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 Winter v. Stronghold Digital Mining, Inc. — Entry #137: TRANSCRIPT of Proceedings re: CONFERENCE held on 4/11/2025 before Judge Ronnie Abrams

Quote: “I therefore find the $4.75 million cash portion of the settlement alone to be reasonable, before considering the Bitcoin-indexed portion.”

View cached copy (2026-09-28)Live source ↗