{"id":2640,"date":"2024-11-14T01:48:04","date_gmt":"2024-11-14T01:48:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2640"},"modified":"2024-11-14T01:48:04","modified_gmt":"2024-11-14T01:48:04","slug":"nvidias-crypto-past-returns-to-haunt-as-supreme-court-signals-green-light-for-lawsuit","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2640","title":{"rendered":"Nvidia&#8217;s Crypto Past Returns To Haunt As Supreme Court Signals Green Light For Lawsuit"},"content":{"rendered":"<div>\n<p>The U.S. Supreme Court has signaled its inclination to uphold a class-action lawsuit against <strong>Nvidia Corp<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/NVDA#NASDAQ\">NVDA<\/a>) for allegedly providing misleading information to investors about its <a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/11\/41931788\/nvidia-set-for-major-surge-to-204-analyst-predicts-post-q3-boost-driven-by-blackwell-gpu-demand-strong-margins\">reliance on cryptocurrency mining<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: The Supreme Court heard arguments on Wednesday regarding Nvidia\u2019s appeal to dismiss a lawsuit accusing the company of misrepresenting its dependence on selling computer chips for cryptocurrency mining, <a href=\"https:\/\/apnews.com\/article\/supreme-court-nvidia-securities-fraud-cryptocurrency-e146e0d9a4d6887b187ea662bf4c9a6c\">reported<\/a> the Associated Press.<\/p>\n<p>The lawsuit, initiated by a Swedish investment management firm in 2018, persisted despite Nvidia\u2019s appeal of a lower-court ruling. The case is one of two high-profile class-action lawsuits against tech companies currently under &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/legal\/24\/11\/41960485\/nvidias-crypto-past-returns-to-haunt-as-supreme-court-signals-green-light-for-lawsuit\" alt=\"Nvidia's\" crypto past returns to haunt as supreme court signals green light for lawsuit>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Supreme Court has signaled its inclination to uphold a class-action lawsuit against Nvidia Corp (NASDAQ:NVDA) for allegedly providing misleading information to investors about its reliance on cryptocurrency mining. What Happened: The Supreme Court heard arguments on Wednesday regarding Nvidia\u2019s appeal to dismiss a lawsuit accusing the company of misrepresenting its dependence on selling [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2640","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2640"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2640\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}