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 ...

SEC labels third-party Bitcoin mining contracts as securities in a $48 million fraud case, clarifying Bitcoin mining itself is not covered.

For years after the abrupt folding of a South Philadelphia-based company that promised big returns on cryptocurrency, ...

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 owner of a former bitcoin mining company in Philadelphia allegedly stole more than $48.5 million from investors in a scheme that promised "passive income" for supporters of the firm's ...

The Securities and Exchange Commission (SEC) has charged Danh C. Vo, founder and CEO of VBit Technologies, with theft of investor funds in regard to a Bitcoin mining business. The SEC states that Vo ...

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 ...

PHILADELPHIA, Feb. 10, 2021 /PRNewswire/ -- VBit Technologies, one of the only U.S.-based companies developing and hosting Bitcoin mining operations, based out of Philadelphia is expanding its mining ...

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 ...

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 ...

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 ...