Investigation Launched by Pomerantz Law Firm for Bgin Blockchain Investors

Investigation of Bgin Blockchain Limited by Pomerantz Law Firm

Pomerantz LLP has announced it is investigating claims on behalf of investors of Bgin Blockchain Limited, a company publicly traded on NASDAQ under the ticker symbol BGIN. The investigation will scrutinize whether Bgin, along with its officers and/or directors, may have participated in fraud related to securities or engaged in any unlawful business practices.

A Closer Look at Bgin's Recent Financial Performance

Bgin Blockchain Limited faced significant financial challenges in its recent reporting period. On November 14, 2025, the company disclosed its unaudited financial results for the half-year ending June 30, 2025. The report revealed an alarming drop in total revenue, which fell by approximately $96 million compared to the previous year. Additionally, while the previous year’s gross profit stood at $84.8 million, Bgin now reported a staggering gross loss of $6.3 million. This alarming trend has raised eyebrows among investors who are now questioning the company’s management and business strategies.

Compounding the company's financial woes, Bgin has seen operational expenses increase by 582.8%, leading many to wonder about the sustainability of its operations and financial management.

Changes in Leadership and Auditors Raise Red Flags

In light of these troubling financial revelations, Bgin's leadership has also recently undergone changes. On December 5, 2025, the company announced that it had amicably terminated the employment relationship with its Chief Communications Officer. Just days later, on December 15, Bgin disclosed its decision not to renew or negotiate terms with its current auditor, indicating a significant shift. An independent registered public accounting firm was then approved to take over auditing duties starting December 12, 2025.

Changes in management and auditing practices often indicate deeper issues within a company. Investors are advised to keep a close eye on Bgin’s strategic decisions and future financial disclosures to assess ongoing risks.

Stock Performance and Class Action Considerations

Despite these significant changes, Bgin's stock continues to struggle. As of December 29, 2025, it closed at $2.45, which is notably below its initial public offering price. This decline in stock value, combined with the company's recent financial disclosures, may provide grounds for a class action lawsuit concerning potential securities fraud.

Pomerantz LLP, a leading firm specializing in corporate, securities, and antitrust class litigation, has a longstanding reputation for its work in protecting shareholder rights. Founded by Abraham L. Pomerantz, known as the dean of the class action bar, the firm has been a champion for victims of corporate misconduct for over 85 years.

Investors who believe they have suffered losses connected to Bgin Blockchain Limited are encouraged to contact Pomerantz LLP for assistance in joining the impending class action.

For more information, or to discuss this investigation, investors can reach out to Danielle Peyton at Pomerantz LLP at [email protected] or call 646-581-9980, ext. 7980. This move by Pomerantz LLP reflects the law firm’s commitment to uphold investor rights and its rigorous investigations into corporate wrongdoing.

As the situation develops, shareholders of Bgin Blockchain Limited will need to stay informed and engaged to protect their investments and seek appropriate remedies for any losses incurred due to the company's potential mismanagement.