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SEC wins $5.5 million default judgment over alleged fake crypto platform NanoBit

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SEC wins $5.5 million default judgment over alleged fake crypto platform NanoBit

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

SEC wins $5.5 million default judgment over alleged fake crypto platform NanoBit


Source:CoinDesk

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Sourcehttps://www.coindesk.com/policy/2026/06/30/sec-wins-usd5-5-million-default-judgment-over-alleged-fake-crypto-platform-nanobit