Core Viewpoint - DeFi Technologies Inc. is facing legal scrutiny due to allegations of misleading statements and failure to disclose critical operational challenges, leading to significant financial losses for investors [4][6]. Company Overview - DeFi Technologies Inc. trades on NASDAQ under the ticker DEFT and is involved in the digital asset sector, specifically focusing on DeFi arbitrage strategies [2]. Legal Investigation - Faruqi & Faruqi, LLP is investigating potential claims against DeFi Technologies and has set a deadline of January 30, 2026, for investors to seek the role of lead plaintiff in a federal securities class action [2]. Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies and its executives violated federal securities laws by: - Failing to disclose delays in executing its DeFi arbitrage strategy, a key revenue driver [4]. - Understating competition from other digital asset trading (DAT) companies, which negatively impacted its operations [4]. - Not meeting previously issued revenue guidance for fiscal year 2025 due to these operational issues [4]. - Downplaying the severity of the negative impacts on business and financial results [4]. Financial Performance - On November 6, 2025, DeFi Technologies reported a significant decline in revenue, nearly 20%, and lowered its 2025 revenue forecast from $218.6 million to approximately $116.6 million due to delays in executing arbitrage opportunities [6]. - Following the financial results announcement, the stock price fell by $0.40 per share, or 27.59%, closing at $1.05 per share on November 17, 2025 [7]. Executive Changes - Concurrent with the financial disclosures, DeFi Technologies announced that CEO Newton would transition to an advisory role, indicating potential leadership instability [6].
DEADLINE ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of DeFi Technologies