SEC Charges Bitcoin Miner For Scamming $48.5 Million

A solo bitcoin miner was charged by the SEC for misappropriating $48.5 million from investors by selling bogus mining hosting agreements that promised passive income.

By Vast Stallion · March 16, 2026 · 1 min read

SEC Charges Bitcoin Miner For Scamming $48.5 Million

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Source: Bitcoin Magazine

A solo bitcoin miner was charged by the SEC for misappropriating $48.5 million from investors by selling bogus mining hosting agreements that promised passive income.