Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Bgin Blockchain Limited and its officers or directors [1] Financial Performance - Bgin reported a significant decline in total revenue of approximately $96 million for the six months ending June 30, 2025, compared to the previous year [2] - Operating expenses surged by 582.8%, indicating severe financial strain [2] - The company's gross profit fell from $84.8 million in the prior year to a gross loss of $6.3 million [2] Management Changes - On December 5, 2025, Bgin announced the termination of its Chief Communications Officer's employment on a mutual basis [2] - On December 15, 2025, Bgin decided not to renew its engagement with its current auditor and approved the hiring of a new independent registered public accounting firm effective December 12, 2025 [2] Stock Performance - As of December 29, 2025, Bgin's stock closed at $2.45, which is below its initial public offering (IPO) price [2]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bgin Blockchain Limited - BGIN