US court approves class-action lawsuit against Nvidia over crypto mining revenue

A U.S. federal court in California has certified a class-action lawsuit filed by Nvidia investors over allegations that the company concealed its cryptocurrency mining revenue, Cointelegraph reported. The investors allege that Nvidia misled shareholders by downplaying the share of its GPU sales attributable to mining demand during the crypto boom between 2017 and 2018. The court approved the suit by certifying a class of investors who purchased the company's stock during that period. The ruling does not make a judgment on the legality of Nvidia's actions.