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#nanobit

3 articles found

SEC Secures $5.5M Judgment Against Alleged Crypto Scam NanoBit

The group built trust via WhatsApp, then misappropriated user funds to Hong Kong bank accounts instead of executing any actual crypto trades.

The SEC alleged that NanoBit’s crypto trading platform was fake and that hundreds of thousands of dollars in investor funds were misappropriated.

The SEC resolved its case against NanoBit after alleging the crypto platform lied to investors and stole their money.