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
The US Securities and Exchange Commission (SEC) has charged Danh C. Vo, founder and chief executive officer of defunct Bitcoin mining company VBit Technologies, with misappropriating $48.5 million from investors and using portions of the funds for gambling and family gifts. The complaint was filed on Wednesday, December 17, 2025, in the US District Court [...]
🐂
—
🐻
