BAKKT INVESTORS FILE CLASS-ACTION LAWSUIT AFTER LOSS OF WEBULL, BOA CONTRACTS
Bakkt investors file class-action lawsuit after loss of Webull, BoA contracts. Bakkt approved for $150M securities sale to stem its cash bleed. Bakkt completes $200M acquisition of Apex Crypto. Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets. Bakkt, once touted as Bitcoins savior, is running low on cash. Bakkt Rolls Out Critical Bitcoin Custody After NY Gives Green Light. Bakkt Trades 18 BTC in First 7 Hours as Bitcoin Price Falls Below $10K. Bakkt to the Senate: How Loeffler Became One of Cryptos Most Influential. Bakkt: Futures Can Possibly Predict Halving Impact on Bitcoin Price. The language the SEC used to request a delay in a crypto enforcement case similar to that in a Binance filing suggested the agency would be following suit in other courtrooms., A group of investors has filed a class-action lawsuit against crypto custody and trading platform Bakkt Holdings, A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a failure to disclose certain information, A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a failure to disclose certain, Bakkt investors have filed a class-action lawsuit alleging the company misled shareholders by failing to disclose that its revenue heavily depended on contracts with Webull and Bank of America, The lawsuit against Bakkt alleged investor losses in part due to the company misrepresentating revenue was substantially dependent on a single contract., These statements triggered investor panic, and Bank of America made, a loss of 3.50 a share that erased tens of millions of dollars from market capitalization., A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a failure to disclose certain information.Lead plaintiff Guy Serge A. Franklin called for a jury trial as part of a complaint against Bakkt, Cryptocurrency custody and trading platform Bakkt Holdings is facing a class-action lawsuit filed by a group of investors who claim the firm misled shareholders by failing to disclose the full extent of its financial dependence on two major clients: Webull and Bank of America., seni, A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a failure to disclose certain information., which are now ending., A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements, causing Bakkt stock to plunge by 27.3% over one day, accusing the company of issuing misleading statements and failing to disclose key business risks., A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a, the investor group alleges in the lawsuit. The filing stated Webull made up 74% of Bakkt s crypto services revenue through most of 20, The loss of Bank of America and Webull will result in a 73% loss in top line revenue due to the two firms making up a significant percentage of its services revenue..