DeFi Technologies Inc. (NASDAQ: DEFT) Securities Fraud Class Action

DeFi Technologies Inc. (NASDAQ: DEFT) Securities Fraud Class Action

CompanyDeFi Technologies Inc.
CourtUnited States District Court for the Eastern District of New York
Case Number25-cv-06637
JudgeHonorable Nina R. Morrison
Class PeriodMay 12, 2025 through November 14, 2025
Security TypeSecurities

Case Background: 
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired DeFi Technologies Inc. (“DeFi”) (NASDAQ: DEFT) securities between May 12, 2025 and November 14, 2025, inclusive (the “Class Period”).

DeFi is a technology and digital asset treasury company that offers asset management services, as well as develops exchange trader products that synthetically track the value of a single decentralized finance protocol that govern a system of lending, borrowing and trading a cryptocurrency.

The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) DeFi was facing delays in realizing its arbitrage strategy, which was its key revenue driver; (2) the company faced more competition than it had led on, including the extent to which the competition impacted its arbitrage strategy; and (3) as a result of the foregoing, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Current Status of Case:
On April 6, 2026, the Court appointed Lead Plaintiff and Lead Counsel. This action is ongoing.

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected]. If you would like additional information about the suit, please click on the link “Submit Your Information” above and fill out the form as promptly as possible.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. 

Complete this form with your transactions in DeFi Technologies Inc. securities between May 12, 2025 through November 14, 2025.

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