The inquiry follows a July 2025 report by BMF Reports titled "Paper Empire," which characterized Aether as a facade built on insider enrichment and undisclosed dealings. The report specifically challenged the legitimacy of Aether's acquisition of AltcoinInvesting.co, suggesting the asset lacked meaningful traffic or monetization. These allegations triggered a 23.95% drop in Aether’s share price, wiping $1.99 off its value in a single day.

Pomerantz LLP, a firm specializing in securities class litigation, is now seeking to represent investors affected by these developments. The firm’s focus includes potential lock-up violations and the alleged involvement of a FINRA-barred broker in the company's operations. Investors who held stock during the period in question are encouraged to contact Danielle Peyton at the firm's New York office to discuss potential legal recourse.