SEC judgment in NanoBit crypto fraud case orders over $5.4M after default ruling
The U.S. Securities and Exchange Commission (SEC) has secured a judgment in a crypto fraud matter involving NanoBit, with reporting describing the award as $5.4 million [1] [2].
Separate coverage says a New York federal court entered a default judgment against four entities and two individuals tied to the NanoBit scheme, ordering payment of more than $5.5 million. The reports characterize the alleged conduct as a WhatsApp-based “relationship” or romance-style investment scam that diverted investor funds through a purported trading platform [3] [4].
The SEC’s NanoBit enforcement action adds to its growing case record of crypto-related misconduct, with courts ordering multi-million-dollar payments under default judgments [3] [2].
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Citations
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- 1SEC Secures $5.4M Judgment in NanoBit Crypto Fraud CaseCrypto Breaking News• Jun 30, 2026
- 2SEC wins $5.4M judgment in NanoBit crypto fraud caseCointelegraph• Jun 30, 2026
- 3SEC Wins First Crypto Romance-Scam Case With $5.5M JudgmentYellow• Jun 30, 2026
- 4SEC wins NanoBit crypto fraud case as court orders over $5.5Mcrypto.news• Jun 30, 2026
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