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

CoinDesk· Francisco Rodrigues· Jun 30, 2026 · 9:54 AM
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.

This is a summary. Read the complete story at CoinDesk below.

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