Alarum Technologies is trading at $2.25 (8.9% down) following a week-long selloff triggered by FBI seizures of domains tied to its NetNut proxy network and intensifying legal scrutiny.
- Multiple law firms have launched securities-fraud investigations and potential class actions following reports of an FBI probe into NetNut’s alleged links to the Popa botnet.
- The ongoing federal investigation and domain seizures have kept regulatory, reputational, and litigation risks front of mind for investors.