Cryptocurrency company VBIT Mining and other defendants were hit with a securities fraud lawsuit on Friday in Delaware District Court. The suit, filed by Klehr Harrison Harvey Branzburg, alleges that more than $200,000 invested by the plaintiff for the purpose of mining Bitcoin was pooled with other investors' money as part of a Ponzi scheme. Counsel have not yet appeared for the defendants. The case is 1:22-cv-01164, Huntley v. VBIT Technologies Corp. et al.
Cryptocurrency
September 02, 2022, 12:38 PM