EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of SOS Limited

New York, New York--(Newsfile Corp. - March 11, 2021) -  Levi & Korsinsky notifies investors that it has commenced an investigation of SOS Limited ("SOS" or the "Company") (NYSE: SOS) concerning possible violations of federal securities laws.

On February 26, 2021, Hindenburg Research and Culper Research released reports regarding SOS, alleging that the Company was a "pump and dump" scheme that used fake addresses and doctored photos of crypto miners to create an illusion of success. The reports called attention to SOS listing a hotel room as the company's headquarters. They also noted that SOS purportedly bought mining rigs from a fake shell company. Moreover, the reports pointed out that the photographed SOS "miners" weren't the A10 Pros the company claimed to own but were actually Avalon's A1066 miners. Hindenburg went even further and discovered the original images from SOS's site originated from a rival RHY, a legitimate Chinese mining company.

On this news, the Company's share price fell $1.27, or 21%, to close at $4.77 per share on February 26, 2021. To obtain additional information, go to:

https://www.zlk.com/pslra-1/sos-limited-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76933