Lottery.com Inc. is trading at $1.15 (5% down) today following a sharp pre-market selloff tied to fraud allegations and new financing.
- The decline follows a short-seller report accusing the business of being a fake company, citing an active SEC fraud case and multiple lawsuits.
- Sentiment is further pressured by a recently issued $3.5 million convertible note, which has raised significant concerns regarding share dilution and balance sheet stability.