Odaily Planet Daily News: The U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) told the U.S. Supreme Court that a class action lawsuit by investors alleging that Nvidia misled cryptocurrency miners in sales should be approved. Nvidia and investor groups have been in a legal battle since 2018, and the case has now reached the U.S. Supreme Court. In an out-of-court opinion on October 2, Acting U.S. Attorney General Elizabeth Prelogar and SEC Senior Attorney Theodore Weiman argued that the lawsuit "provided sufficient details" to allow it to survive the district court's dismissal, adding that the Supreme Court should give the green light to revive the lawsuit through the Court of Appeals. The opinion added: "Valuable private litigation is an important supplement to the criminal prosecution and civil enforcement actions of the Department of Justice and the SEC." The investor group tried to sue Nvidia in 2018, accusing it of concealing more than $1 billion in GPU sales to crypto miners. The group claimed that Nvidia's CEO Huang Renxun downplayed the company's sales in this industry. (Cointelegraph)