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TROOPS disputes short-seller claims, confirms ongoing legal appeal and business operations.

Market News
20 Aug 2026
PRNewsWire
View Source
Neutral
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TROOPS, Inc. responded to a short-selling report by Muddy Insights, rejecting its claims about the company's financial troubles and legal risks. The company highlighted a Hong Kong court judgment involving multiple defendants, including TROOPS, but emphasized that enforcement is stayed pending an appeal scheduled for February 2027. TROOPS insists it remains operational and financially stable while vigorously pursuing the appeal to reduce or overturn the judgment. The company also criticized the report for speculative and unsupported conclusions, reaffirming its commitment to shareholder interests and ongoing business activities.

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