SoundHound AI, Inc. faces a class action lawsuit, accused of misleading investors by overstating financial health and operational success. The lawsuit claims that SoundHound’s public assurances, including strong internal controls and successful acquisitions, were misleading. Investors discovered significant internal issues, particularly concerning inflated goodwill from the Amelia and SYNQ3 acquisitions. This revelation led to investor […]
The Shocking Plummet of Pi Network: What’s Next for This Once-Promising Cryptocurrency?
The Pi Network has seen a dramatic decline in value from $2.98 to $0.6647, losing 77% of its peak value. An impending increase in token supply to 8 billion is a key factor in the token’s value drop. Pi Network’s exclusion from major exchanges like Binance and Coinbase limits its liquidity and adoption. Technical indicators […]