VBit - Crypto Mining News

SEC Alleges Fraud in VBit Bitcoin Mining Investment Scheme

The SEC charged Danh C. Vo and VBit Technologies, alleging they raised over $95.6 million from about 6,400 investors and misappropriated $48.5 million. Read the allegations and penalties sought.

22.12.2025

3 min

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.

22.12.2025

3 min

SEC Charges VBit CEO Dan Vo with Embezzling $48.5M from Investors

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.

19.12.2025

4 min

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SEC Alleges Fraud in VBit Bitcoin Mining Investment Scheme

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