The owner of a former bitcoin mining company in Philadelphia allegedly stole more than $48.5 million from investors in a scheme that promised "passive income" for supporters of the firm's ...
SEC says crypto mining founder raised more than $95 million from investors and diverted about $48.5 million for his own use, according to the agency. The Securities and Exchange Commission has accused ...
The US Securities and Exchange Commission has flagged in a lawsuit that third-party Bitcoin mining hosting services can be a securities offering, a position strongly opposed by one industry executive.
A solo bitcoin miner was charged by the SEC for misappropriating $48.5 million from investors by selling bogus mining hosting agreements that promised passive income. The U.S. Securities and Exchange ...
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CEO of South Philadelphia bitcoin mining company defrauded investors out of $48.5 million, regulators say
For years after the abrupt folding of a South Philadelphia-based company that promised big returns on cryptocurrency, investors who lost thousands of dollars had two questions — where was the firm’s ...
The Securities and Exchange Commission (SEC) has charged Danh C. Vo, founder and CEO of VBit Technologies, with theft of investor funds in regard to a Bitcoin mining business. The SEC states that Vo ...
In a lawsuit, the SEC says some hosted Bitcoin mining services could trigger US securities laws, but an industry executive says most providers have nothing to worry about. The US Securities and ...
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