BTGO Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in BitGo Holdings, Inc. Securities Lawsuit - Contact Levi & Korsinsky

Executive Accountability: Chief Revenue Officer Chen Fang Signed BitGo's Registration Statement That Allegedly Concealed the True Severity of Digital Asset Price Risks, Contributing to Investor Losses

NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP notifies investors that Chen Fang, BitGo Holdings, Inc.'s (NYSE: BTGO) Chief Revenue Officer and Director, is named as an individual defendant in a securities class action filed on behalf of shareholders who purchased BitGo securities between January 22, 2025 and May 13, 2026. Find out if you are eligible to recover your investment losses. You may also contact Joseph E. Levi, Esq. at [e-mail] or [phone].

BitGo shares debuted at 18.00 in the January 2026 IPO, raising over 187.58 million. Following corrective disclosures revealing a 14.8 million net loss for 2025 and a 60.7 million net loss for Q1 2026, shares fell as low as $7.67.

Chen Fang's Role During the Class Period

The complaint identifies Chen Fang as BitGo's Chief Revenue Officer at all relevant times, a position that placed him at the center of the Company's revenue generation strategy across its Digital Asset Sales and Staking segments. Fang also served on BitGo's Board of Directors, giving him dual oversight of both commercial operations and corporate governance.

As Chief Revenue Officer, Fang was allegedly responsible for the revenue streams most directly affected by the risks the complaint claims were understated, including Digital Asset Sales revenue (estimated at $15.5 billion for FY 2025) and the trading volume and margin metrics that collapsed in Q4 2025.

What Chen Fang Allegedly Authorized

The complaint names Fang among the Individual Defendants who signed or authorized the signing of the Registration Statement filed with the SEC in connection with BitGo's IPO. According to the action, that Registration Statement:

• Characterized BitGo's business fundamentals as "strong and resilient over time" despite known correlation between digital asset prices and core revenue
• Projected net income from operations between 3.5 million for FY 2025, when the Company ultimately reported a $14.8 million net loss
• Touted Assets on Platform reaching 104.0 billion by September 2025 without adequately disclosing that a 9% year-over-year decline to 81.6 billion was already underway
• Presented Digital Asset Sales margin expectations that proved dramatically overstated, as margins fell from 0.47% to 0.21%

Section 15 and Section 20(a) Context for Chen Fang

As a signatory to the Registration Statement and a member of the Board of Directors, Fang is alleged to have been a controlling person of BitGo under both Section 15 of the Securities Act of 1933 and Section 20(a) of the Securities Exchange Act of 1934. The complaint contends that Fang possessed the power and authority to control the contents of BitGo's SEC filings and had access to material information that was not disclosed to the investing public.

"Individual officers who sign SEC certifications bear personal responsibility for the accuracy of corporate disclosures. When a company's registration statement contains material misstatements, the individuals who authorized those documents face direct accountability under federal securities law," stated Joseph E. Levi, Esq.

Speak with an attorney about whether you can recover losses from the BitGo securities action or call [phone].

LEAD PLAINTIFF DEADLINE: August 7, 2026

About Levi & Korsinsky, LLP

Levi & Korsinsky, LLP, Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered for investors.

Frequently Asked Questions About the BTGO Lawsuit

Q: Who are the defendants named in the BTGO lawsuit? A: The complaint names BitGo Holdings, Inc. and individual defendants including CEO Michael A. Belshe, CFO Edward Reginelli, Chief Revenue Officer Chen Fang, and directors Brian Brooks, Justin Evans, Brian Murray, Sunita Parasuraman, and Vivek Pattipati. Each signed or authorized the Registration Statement filed in connection with the January 2026 IPO.

Q: What is the BTGO class action lawsuit about? A: A securities class action has been filed against BitGo Holdings (NYSE: BTGO) alleging materially false and misleading statements between January 22, 2025 and May 13, 2026. Shares fell approximately 15.71% after corrective disclosures, and the Company reported a $60.7 million quarterly net loss, causing significant losses for shareholders.

Q: What do BTGO investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [e-mail] or [phone]. No immediate action is required to remain eligible as a class member.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I already sold my BTGO shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.