Nvidia, CEO Huang Sued Over Hidden $1B Crypto Revenue

* A judge certifies a $1B lawsuit against Nvidia and CEO Jensen Huang. * Investors claim Nvidia concealed crypto mining revenue as gaming sales. On March 26, 2026, Cryptopolitan reported that a California judge certified a $1 billion class-action lawsuit against Nvidia and CEO Jensen Huang, accusing the firm of obscuring its crypto mining revenues. This decision, which allows shareholders to pursue the case collectively, marks a significant procedural step, although the court has not yet judged the validity of the allegations. The lawsuit contends that Nvidia provided misleading statements about the source of its GPU demand during the 2017–2018 cryptocurrency boom, with investors alleging the company masked over $1 billion in crypto mining-related revenue by presenting it as growth from its gaming segment. As evidence, investors have reportedly introduced internal correspondence from an Nvidia vice president that suggests a potential tie to fluctuations in the company’s stock performance. The case centers on whether Nvidia's alleged misrepresentations influenced its share price, which declined sharply following earnings announcements on August 16, 2018, and November 15, 2018. Consequently, the court has flagged documents supporting claims of "price impact," a focal point in the ongoing legal proceedings. In addition, Cryptopolitan noted that the SEC previously fined Nvidia $5.5 million in 2022 for failing to disclose the effects of crypto mining on its financial results. A case conference on April 21, 2026, will determine the subsequent steps in what could become a landmark moment for Nvidia’s corporate and legal standing.