🚨 Crypto Drama Alert! 🚨

IREN, formerly Iris Energy, is in hot water! A group of investors, led by Paul Williams-Israel, filed a class-action suit claiming the crypto mining firm misled them about its high-performance computing (HPC) business.

The lawsuit alleges IREN's Childress, Texas facility was hyped as HPC-ready but wasn't, and its computing capacity was exaggerated. Investors say they wouldn't have invested if they knew the truth.

The suit also criticizes IREN's air cooling design, tested only in cool Canada, not hot Texas.

What do you think? Share your thoughts below! 💬👇