March 28, 2025
A Delaware federal judge on Friday recommended denying motions to dismiss from former executives of bitcoin mining company VBit Technologies Corp. looking to ditch an investor proposed class action, rejecting the executives' qualms with how they were served and the plausibility of the claims.
February 15, 2023
Bitcoin mining company VBit Technologies Corp. and a pair of former executives have been hit with an investor class action alleging they sold unregistered securities and ran a Ponzi scheme that paid out promised bitcoin as new investors bought into the scheme.