{"id":683,"date":"2024-10-04T10:01:36","date_gmt":"2024-10-04T10:01:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=683"},"modified":"2024-10-04T10:01:36","modified_gmt":"2024-10-04T10:01:36","slug":"nvidias-troubles-mount-as-doj-sec-throw-their-weight-behind-class-action-lawsuit-alleging-ai-chip-giant-misrepresented-crypto-revenue","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=683","title":{"rendered":"Nvidia&#8217;s Troubles Mount As DOJ, SEC Throw Their Weight Behind Class Action Lawsuit Alleging AI Chip Giant Misrepresented Crypto Revenue"},"content":{"rendered":"<div>\n<p>The U.S. Justice Department and the SEC have backed the class action lawsuit against AI chip giant <strong>Nvidia Corp.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/NVDA#NASDAQ\">NVDA<\/a>) in the Supreme Court, which accused Nvidia of hiding its cryptocurrency revenue.<\/p>\n<p><strong>What Happened<\/strong>: The DOJ and SEC are advocating for the continuation of the lawsuit, which was brought against the company in 2018, Cointelegraph <a href=\"https:\/\/cointelegraph.com\/news\/us-sec-back-nvidia-crypto-sales-class-suit-supreme-court\">reported <\/a>Thursday.<\/p>\n<p>In an amicus brief, U.S. Solicitor General <strong>Elizabeth Prelogar<\/strong> and SEC senior lawyer Theodore Weiman argued that the lawsuit had \u201csufficient details\u201d to survive a district court dismissal, urging the apex court to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41181062\/nvidias-troubles-mount-as-doj-sec-throw-their-weight-behind-class-action-lawsuit-alleging-\" alt=\"Nvidia's\" troubles mount as doj sec throw their weight behind class action lawsuit alleging ai chip giant misrepresented crypto revenue>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Justice Department and the SEC have backed the class action lawsuit against AI chip giant Nvidia Corp. (NASDAQ:NVDA) in the Supreme Court, which accused Nvidia of hiding its cryptocurrency revenue. What Happened: The DOJ and SEC are advocating for the continuation of the lawsuit, which was brought against the company in 2018, Cointelegraph [&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-683","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\/683","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=683"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/683\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}