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TROOPS, Inc. (NASDAQ: TROO) Issues Statement Rebutting Misleading Short-Seller Report and Provides Update on Hong Kong Legal Proceedings

HONG KONG, Aug. 20, 2026 /PRNewswire/ -- TROOPS, Inc. (NASDAQ: TROO) ("TROOPS" or the "Company") today issued the following statement in response to a short-selling report published by Muddy Insights (https://muddyinsights.com/reports/troo-jul11-2026) (the "Report") concerning the Company and related legal proceedings in Hong Kong. The Report contains speculative assertions, selective presentation of facts, and unsubstantiated conclusions regarding the Company's financial position, legal exposure, and ongoing court matters.