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Judge Orders $5.5M Judgment in NanoBit Crypto Scam Case
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Judge Orders $5.5M Judgment in NanoBit Crypto Scam Case
A federal judge has entered a $5.5 million default judgment against NanoBit and five defendants over an alleged pig-butchering crypto scheme. Regulators said the group used WhatsApp to build trust, then funneled investor money into Hong Kong bank accounts instead of trading crypto.