Bit Brother announced the Special Task Force has taken and plan to take following actions to address the suspected illegal shorting of its stock: Started collecting evidence and may seek help from regulatory authorities. Reached out legal counsels and shareholder intelligence service firms about engagement of these professionals. conducted preliminary analysis of potential corporate actions including but not limited to share repurchase, special dividend, and dual listing. In addition, Ralph Jones, CEO of the Company’s subsidiary Bit Brother New York Inc, and a member of the Special Task Force, will hold a live broadcast on Reddit to communicate with investors in the morning of January 25, 2023.
Published first on TheFly
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