Lottery.com Stock Soars 32.5% Amid Fraud Allegations

On May 23, 2025, Lottery.com's stock surged by 32.5% in pre-market trading, marking a significant shift in investor sentiment.

Recent developments have cast a shadow over Lottery.com, with allegations of fraudulent activities surfacing. A short report has accused the company of engaging in deceptive practices, including fake public relations and criminal management, raising serious concerns about its operational integrity.

Adding to the turmoil, an analysis by Ragnarok Research has labeled Lottery.com as a company allegedly involved in fraudulent activities. The report suggests that the company's primary business operations have ceased, and its current revenue streams are derived from subsidiaries engaged in unlawful activities. This has led analysts to set a price target of zero for Lottery.com, indicating a severe lack of confidence in the company's future financial stability.