Law Firms Launch Securities Class Actions Against BitGo and Flow Foundation

Multiple legal firms have initiated securities class action proceedings targeting companies within the digital asset sector for allegedly misleading the investing public. The Schall Law Firm and Levi & Korsinsky LLP filed lawsuits against BitGo Holdings, Inc., asserting that the company violated federal securities laws. The complaints allege BitGo made false statements by downplaying the risks that falling digital asset prices posed to its financial performance and public company prospects. These actions represent investors who purchased BitGo securities between January 22, 2025, and May 13, 2026, including those participating in the January 22, 2026, initial public offering.

Simultaneously, The Rosen Law Firm is investigating potential securities claims involving the Flow Foundation. The firm is preparing a class action lawsuit alleging the foundation issued materially misleading business information to investors of the FLOW cryptocurrency. This specific investigation focuses on investors who purchased the asset on or before December 27, 2025, and held it through December 29, 2025, offering recovery of losses through a contingency fee arrangement.