in Newswire Published on December 8, 2022

Class Action Alleges VBit Bitcoin Mining Scam No More than ‘Classic Ponzi Scheme’

by Corrado Rizzi

Last Updated on February 2, 2023

Dettmering et al. v. VBit Technologies Corp. et al.

Filed: December 6, 2022 § 1:22-cv-01574

A class action alleges VBit Technologies, Advanced Mining Group and several individuals engaged in a fraudulent Bitcoin mining scam that in reality functioned as “a massive Ponzi scheme."

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Last Updated on February 2, 2023 — 4:07 PM

Corrado Rizzi

Corrado Rizzi is the Senior Managing Editor of

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