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 ...
If you follow along with the cryptocurrency ecosystem, you know that Bitcoin has had quite a week. On Tuesday, Tesla founder Elon Musk announced that the company had purchased $1.5 billion in Bitcoin ...
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 ...
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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 ...
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