BlockBeats news, October 4, according to Cointelegraph, the U.S. Department of Justice and the U.S. Securities and Exchange Commission (SEC) told the U.S. Supreme Court that the class action lawsuit against investors accusing Nvidia of misleading cryptocurrency miners in sales should be approved.

Since 2018, Nvidia has been in a legal battle with investor groups, 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 continue after the district court's dismissal, and added that the Supreme Court should give the green light to resume the lawsuit through the Court of Appeal.

“Meritorious private litigation is an important complement to the criminal prosecutions and civil enforcement actions pursued by the Department of Justice and the SEC,” the opinion added.

The investor group tried to sue Nvidia in 2018, accusing it of hiding more than $1 billion in GPU sales to crypto miners. The group claimed that Nvidia CEO Jensen Huang downplayed the company’s sales to the industry.