SEC Charges VBit Founder with $48.5M Fraud in Mining Scheme
SEC accuses VBit founder of embezzling $48.5M after raising $95.6M from ~6400 investors promising passive income via mining hosting.
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SEC accuses VBit founder of embezzling $48.5M after raising $95.6M from ~6400 investors promising passive income via mining hosting.
SEC accuses VBit CEO Dan Vo and family of embezzling $48.5M from $95.6M raised from 6400 investors and mining 425.2 BTC between 2018-2022.