VBit Technologies founder sued by US SEC over bitcoin mining fraud scheme
( December 17, 2025, 20:24 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission sued Danh C. Vo, founder and chief executive of VBit Technologies Corp., for fraudulently raising over $95.6 million from approximately 6,400 investors and misappropriating $48.5 million of investor funds in connection with his bitcoin mining business called “VBit.”Statement follows below. Complaint attached....
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