Investigation Launched Into Securities Fraud at Bgin Blockchain Limited

Glancy Prongay & Murray LLP, a prominent national law firm specializing in shareholder rights, has initiated an investigation into potential violations of federal securities laws by Bgin Blockchain Limited (“Bgin” or the “Company”) (NASDAQ: BGIN) to protect the interests of investors.

The investigation stems from Bgin’s recent events, starting with the completion of its Initial Public Offering (IPO) on October 21, 2025. Subsequently, on November 14, 2025, Bgin released unaudited financial results for the first half of 2025 showing a significant drop in revenue by approximately $96 million compared to the previous year. Moreover, operating expenses soared by 582.8%, and the Company’s gross profit plunged from $84.8 million to a gross loss of $6.3 million.

Further adding to investors’ concerns, on December 5, 2025, Bgin announced the termination of its Chief Communications Officer’s employment “on a mutual amicable basis.” On December 15, 2025, the Company disclosed its decision to not renew or negotiate new terms with its current auditor, opting instead for an independent registered public accounting firm.

These developments have led to a decline in the Company’s share price, trading as low as $2.45 by December 29, 2025 – a sharp 59% drop from the IPO price of $6.00 per share.

In light of these revelations, investors who have suffered financial losses due to their investments in Bgin are encouraged to reach out to Glancy Prongay & Murray LLP to participate in or learn more about potential legal actions.

Glancy Prongay & Murray LLP is a distinguished law firm renowned for its representation of investors and consumers in complex securities and class action litigations. The firm has a proven track record of achieving successful outcomes for clients, earning recognition in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. GPM’s team of nearly 40 attorneys across four offices nationwide has recovered billions of dollars for investors and consumers in various legal actions.

Investors with non-public information concerning Bgin are advised to consider available options to assist in the investigation or take advantage of the SEC Whistleblower Program, with the potential for rewards of up to 30% of any successful recovery by the SEC.

This press release serves as Attorney Advertising in certain jurisdictions under applicable laws and ethical guidelines. For further information or assistance, investors are encouraged to contact Glancy Prongay & Murray LLP for professional legal counsel and support.