Four VBit Technologies relief defendants have settled with the SEC.
Proposed consent judgments were filed on January 21st. The court approved all three filings on January 22nd.
My Tien Thi Nguyen, VBit Technologies founder Danh Vo’s mother, consented to a $25,000 judgment in favor of the SEC.
Danny H. Vo, Danh Vo’s brother, consented to a $100,000 judgment in favor of the SEC.
Diem Vo, Danh Vo’s sister, consented to a $50,000 judgment in favor of the SEC.
Phuong D. Vo, Danh Vo’s ex-wife, consented to a $723,024 judgment in favor of the SEC.
VBit Technologies
was an MLM crypto Ponzi launched in 2018. The scam collapsed in 2022.
In its December 2025 civil fraud lawsuit, the SEC
pegged VBit Technologies investor losses at over $95.6 million
. The case against founder Danh Vo continues.
🤖 Quick Answer
What is the VBit Technologies SEC settlement?Four relief defendants—family members of VBit Technologies founder Danh Vo—settled with the SEC in January 2025. My Tien Thi Nguyen consented to a $25,000 judgment, Danny H. Vo to $100,000, Diem Vo to $50,000, and Phuong D. Vo to $723,024. The court approved all consent judgments on January 22nd.
What was VBit Technologies?
VBit Technologies was a multi-level marketing cryptocurrency operation launched in 2018 that offered Bitcoin mining and hosting services. The SEC classified it as a Ponzi scheme, filing a civil fraud lawsuit in December 2025. The company collapsed in 2022, with estimated investor losses exceeding $95.6 million.
**Who is Danh
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