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Stock impact report

BITF Investors Have Opportunity to Join Bitfarms Ltd. Fraud Investigation with the Schall Law Firm

Bitfarms Ltd. (BITF) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Bitfarms Ltd. (“Bitfarms” or “the Company”) (NASDAQ: BITF) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Bitfarms announced on December 9, 2024, that its financial statements for fiscal years 2022 and 2023 contained material errors related to the classification proceeds from the sale of digital assets. The Company added that its financial statements would require restatement. The Company also admitted that it identified an accounting error related to the redemption of warrants in 2023, an error that would require further adjustments.If you are a shareholder who suffered a loss, click here to participate.We also encourage you to contact Brian Schall of the Schall Law Firm, 204 Show less Read more
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