The SEC says VBit founder Danh C. Vo misused tens of millions of dollars from investors after raising nearly $96 million through deceptive Bitcoin mining offerings. VBit’s “turnkey” mining packages ...

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 ...

What Does the SEC Accuse VBit Founder Danh Vo Of? The U.S. Securities and Exchange Commission has charged Danh C. Vo, founder and CEO of bitcoin mining company VBit, alleging that he misappropriated ...

Bitcoin mining firm VBit DC has raised $1.1 million in a seed funding round, which was led by angel investment fund Golden Age. Announcing the news on Tuesday, VBit said it would use the fresh capital ...

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 ...

Tesla (TSLA) CEO Elon Musk recently spoke out regarding the energy consumption of bitcoin (BTC-USD) and other cryptocurrency mining operations, questioning the sustainability of current levels of ...

Bitcoin mining firm VBit DC has raised $1.1 million in a seed funding round, which was led by angel investment fund Golden Age. Announcing the news on Tuesday, VBit said it would use the fresh capital ...

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, announced today that it has filed a class action lawsuit ...

The SEC stated that Danh Vo misrepresented to investors the operation of his bitcoin mining business and his plans for utilizing their funds. The SEC said Vo sent $5 million to his family members and ...

The US Securities and Exchange Commission (SEC) filed a lawsuit on Wednesday in a Delaware federal court against VBit, a Bitcoin mining company, and its founder, Danh Vo. The SEC accused VBit of fraud ...

PHILADELPHIA, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Today, VBit Technologies , a U.S.-based hosting hardware mining company, announced its full acquisition by Advanced Mining Group, an Asian-based company ...