🚀 Crypto & Blockchain News 🚀
🔹 Nvidia sued for hiding revenue from crypto miners. DOJ & SEC support lawsuit, say there is enough evidence to proceed. 🏛️
🔹 The lawsuit began in 2018, accusing Nvidia of hiding more than $1 billion in revenue from GPUs sold to miners. CEO Jensen Huang is accused of understating sales numbers.
🔹 Nvidia has argued, saying the allegations are based on misinformation. DOJ & SEC disagree, citing evidence from former Nvidia executives and reports from the Bank of Canada.
🔹 12 former SEC officials also support investors, stressing the importance of enforcing private securities laws.
💬 What do you think of this lawsuit? Share your thoughts in the comments section! 👇#Crypto#Blockchain#Nvidia#BTC#Finance#TechNews