The US Securities and Exchange Commission has charged the founder of crypto firm VBit with orchestrating a $48.5 million fraudulent scheme that allegedly misled investors about returns from a digital asset trading and mining operation. According to the SEC, funds raised from investors were misappropriated for personal use and to pay earlier participants, rather than being deployed as promised. The regulator is seeking injunctions, financial penalties, and disgorgement, underscoring its continued crackdown on crypto-related fraud targeting retail investors.
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Mkt Cap $2.25T
BTC Dom 56.27 %
BTC
$62,999.00
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ETH
$1,859.97
▲ +0.40%
USDT
$0.998993
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BNB
$584.14
▲ +1.40%
USDC
$0.99946
▲ +0.00%
XRP
$1.07
▲ +0.70%
SOL
$72.93
▲ +0.50%
TRX
$0.326247
▼ -0.60%
FIGR_HELOC
$1.00
▼ -3.10%
WBT
$54.82
▲ +0.00%
HYPE
$52.17
▼ -0.10%
DOGE
$0.069936
▲ +0.50%
USDS
$1.00
▲ +0.00%
LEO
$9.74
▼ -0.10%
RAIN
$0.012775
▲ +4.30%
ZEC
$477.09
▲ +2.00%
ADA
$0.185587
▲ +5.90%
XMR
$364.45
▲ +0.20%
LINK
$8.28
▲ +1.80%
XLM
$0.171456
▲ +0.00%
DAI
$1.00
▲ +0.00%
CC
$0.116029
▼ -0.90%
BCH
$210.56
▲ +1.80%
USD1
$0.998938
▲ +0.00%
USDE
$0.999463
▲ +0.00%
Mkt Cap $2.25T
BTC Dom 56.27 %
BTC
$62,999.00
▲ +0.20%
ETH
$1,859.97
▲ +0.40%
USDT
$0.998993
▲ +0.00%
BNB
$584.14
▲ +1.40%
USDC
$0.99946
▲ +0.00%
XRP
$1.07
▲ +0.70%
SOL
$72.93
▲ +0.50%
TRX
$0.326247
▼ -0.60%
FIGR_HELOC
$1.00
▼ -3.10%
WBT
$54.82
▲ +0.00%
HYPE
$52.17
▼ -0.10%
DOGE
$0.069936
▲ +0.50%
USDS
$1.00
▲ +0.00%
LEO
$9.74
▼ -0.10%
RAIN
$0.012775
▲ +4.30%
ZEC
$477.09
▲ +2.00%
ADA
$0.185587
▲ +5.90%
XMR
$364.45
▲ +0.20%
LINK
$8.28
▲ +1.80%
XLM
$0.171456
▲ +0.00%
DAI
$1.00
▲ +0.00%
CC
$0.116029
▼ -0.90%
BCH
$210.56
▲ +1.80%
USD1
$0.998938
▲ +0.00%
USDE
$0.999463
▲ +0.00%
BTC
$62,999.00
▲ +0.20%
ETH
$1,859.97
▲ +0.40%
USDT
$0.998993
▲ +0.00%
BNB
$584.14
▲ +1.40%
USDC
$0.99946
▲ +0.00%
XRP
$1.07
▲ +0.70%
SOL
$72.93
▲ +0.50%
TRX
$0.326247
▼ -0.60%
FIGR_HELOC
$1.00
▼ -3.10%
WBT
$54.82
▲ +0.00%
HYPE
$52.17
▼ -0.10%
DOGE
$0.069936
▲ +0.50%
USDS
$1.00
▲ +0.00%
LEO
$9.74
▼ -0.10%
RAIN
$0.012775
▲ +4.30%
ZEC
$477.09
▲ +2.00%
ADA
$0.185587
▲ +5.90%
XMR
$364.45
▲ +0.20%
LINK
$8.28
▲ +1.80%
XLM
$0.171456
▲ +0.00%
DAI
$1.00
▲ +0.00%
CC
$0.116029
▼ -0.90%
BCH
$210.56
▲ +1.80%
USD1
$0.998938
▲ +0.00%
USDE
$0.999463
▲ +0.00%
Mkt Cap $2.25T
BTC Dom 56.27 %
BTC
$62,999.00
▲ +0.20%
ETH
$1,859.97
▲ +0.40%
USDT
$0.998993
▲ +0.00%
BNB
$584.14
▲ +1.40%
USDC
$0.99946
▲ +0.00%
XRP
$1.07
▲ +0.70%
SOL
$72.93
▲ +0.50%
TRX
$0.326247
▼ -0.60%
FIGR_HELOC
$1.00
▼ -3.10%
WBT
$54.82
▲ +0.00%
HYPE
$52.17
▼ -0.10%
DOGE
$0.069936
▲ +0.50%
USDS
$1.00
▲ +0.00%
LEO
$9.74
▼ -0.10%
RAIN
$0.012775
▲ +4.30%
ZEC
$477.09
▲ +2.00%
ADA
$0.185587
▲ +5.90%
XMR
$364.45
▲ +0.20%
LINK
$8.28
▲ +1.80%
XLM
$0.171456
▲ +0.00%
DAI
$1.00
▲ +0.00%
CC
$0.116029
▼ -0.90%
BCH
$210.56
▲ +1.80%
USD1
$0.998938
▲ +0.00%
USDE
$0.999463
▲ +0.00%
