Odaily Planet Daily News: A group of investors has filed a class action lawsuit against the founder of the Bitcoin mining company Rhodium Enterprises in Texas, USA, accusing him of fraudulent behavior. The lawsuit was initiated by lawyers from Iacuone McAllister Potter, claiming that the defendants (including Rhodium executives and Imperium Investments Holdings, LLC based in Fort Worth) deliberately misled the plaintiffs into investing a total of $33 million by concealing key information and engaging in self-dealing. The case has been filed in the Tarrant County District Court. The lawsuit states, 'The defendants intentionally misled and deceived the plaintiffs to secure their millions of dollars in investments so that the defendants could enrich themselves privately and make Imperium wealthy.' The plaintiffs include dozens of investors in Rhodium, who claim that important facts regarding their investments and the operations of Rhodium were deliberately concealed. Most notably, the lawsuit alleges that the defendants failed to disclose an imminent transaction to sell Rhodium's operational facilities to direct competitor Riot Blockchain, a transaction that directly triggered conflicts over critical power contracts. (BusinessWire) Previously, in August, news reported that the Bitcoin mining company Rhodium Enterprises voluntarily filed for bankruptcy under Chapter 11 in the Southern District of Texas, disclosing debts of up to $100 million. The filing submitted on August 24 included six subsidiaries: Rhodium Encore, Jordan HPC, Rhodium JV, Rhodium 2.0, Rhodium 10MW, and Rhodium 30MW. The documents indicate that the company's debts range from $50 million to $100 million, while its total assets are estimated to be between $100 million and $500 million.