Hut 8 companies respond to JCapital Research report: full of false accusations and misleading information

Cryptocurrency mining company Hut 8 Corp. (HUT) has accused JCapital Research of spreading false information about the company, its operations, finances, management practices, and key executives in a press release. The company stated that the report is filled with inaccurate data, speculative allegations, and baseless personal attacks. It is understood that last week JCapital Research released a report claiming that the merger between Hut 8 and peer company US Bitcoin was an event waiting for a bubble to burst. The report also claimed that USBTC had engaged in illegal activities and had breached contracts and paid two government fines, one of which was for violating securities regulations. Hut 8 CEO Jaime Leverton stated that they will not be disrupted by radical individuals spreading false information and engaging in personal attacks.

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