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Investors Urged to Take Action in Bitfarms Ltd. Class Action Lawsuit

The DJS Law Group has issued an important reminder to potential investors regarding the ongoing class action lawsuit against Bitfarms Ltd. (NASDAQ: BITF), which pertains to alleged violations of federal securities laws. This is a crucial opportunity for shareholders who purchased the company’s securities during the specified class period from March 21, 2023, to December 9, 2024. Shareholders are advised to make contact with the firm before July 8, 2025, to explore their rights and options.

Allegations Against Bitfarms Ltd.

The lawsuit centers around accusations of misleading statements made by Bitfarms Ltd. The complaint alleges that the company failed to maintain sufficient controls over its financial reporting. Specifically, there are claims that Bitfarms inaccurately recorded the proceeds from digital asset sales as income from operational activities rather than from investments. This misrepresentation distorted the investors' perception of the company's financial health.

Additional allegations suggest that Bitfarms exaggerated its efforts to correct material weaknesses in its internal controls. Previous financial statements might have contained inaccuracies stemming from these reported weaknesses, raising concerns about the company’s governance and accountability.

For shareholders facing losses due to these alleged violations, now is the time to step forward and seek redress. DJS Law Group emphasizes that they are dedicated to advocating for investor rights, working diligently to recover losses experienced by affected shareholders.

Why Choose DJS Law Group?

The DJS Law Group is committed to maximizing returns for investors through comprehensive, balanced legal counsel and assertive representation. With extensive experience in securities class actions and corporate governance litigation, the firm represents some of the largest hedge funds and alternative asset managers globally. Their expertise in managing valuable litigation claims ensures that client interests are prioritized in the pursuit of justice.

DJS Law Group's distinguished track record and high standards of client service set them apart in this sector. Clients can expect thorough investigations and a personalized approach tailored to their specific situations. The firm's focus lays in enhancing investor outcomes while navigating complex regulatory frameworks, which is vital for those involved in the current Bitfarms case.

How to Get Involved

Affected shareholders who wish to join the class action lawsuit are strongly encouraged to contact DJS Law Group for more information. The attorneys are available to discuss the particulars of the case, offer guidance on the process, and ensure that the rights of shareholders are fiercely upheld.

Investors should not miss this chance to participate in a collective pursuit of accountability from Bitfarms Ltd. The deadline of July 8, 2025, enhances the urgency for potential litigants to seek representation. DJS Law Group stands ready to assist those seeking to reclaim their investments systematically and effectively.

For further inquiries, potential litigants can reach out directly to:

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

As this situation unfolds, investors will be keen to watch for updates from the DJS Law Group on the litigation’s progress. The outcomes of such lawsuits can significantly influence the broader context of securities regulations and corporate governance.

This press release may be regarded as Attorney Advertising in certain jurisdictions, subject to applicable laws and ethical guidelines.