2CRSi Responds to Allegations with Independent Expert Report

On October 29, 2026, 2CRSi, a company specializing in high-performance servers, published an independent expert's findings addressing the allegations from a June 2026 Grizzly Research report. The expert declared many allegations concerning revenue fabrication as unfounded, though some transactions where customers paid 2CRSi’s suppliers directly remain inconclusive.

The expert analyzed sales transactions representing 78% of 2CRSi’s consolidated revenue over three years and confirmed the reality of cash receipts despite noting documentation and procedural oversights. The USD 610M contract with Dr. Joseph Church’s ecosystem was reported as delayed, non-revenue generating, and incorrectly associated with NYGC.

2CRSi acknowledged internal control weaknesses highlighted by the report and committed to strengthening their procedures. The company also clarified dealings regarding various contracts and customer interactions, emphasizing transparency and compliance going forward.