The Digital Chamber (TDC) has expressed concerns that the ongoing legal battle between chip maker Nvidia and its investors could have negative implications for the crypto industry. TDC supported Nvidia's appeal to the US Supreme Court to overturn a decision that revived a lawsuit accusing Nvidia of downplaying GPU sales to crypto miners. The advocacy group warned that allowing such lawsuits to proceed could lead to a surge in baseless securities litigation, posing a threat to innovative companies in the cryptocurrency sector. TDC criticized the lack of concrete evidence in the lawsuit against Nvidia and emphasized the importance of upholding standards set by the Private Securities Litigation Reform Act of 1995. The group highlighted the potential consequences of a ruling in favor of the plaintiffs, including hindering technological advancements and deterring investment in blockchain technology. Read more AI-generated news on: https://app.chaingpt.org/news