The U.S. Securities and Exchange Commission (SEC) obtains a final judgment of about $5.4 million against NanoBit in a crypto fraud case, according to multiple reports. The SEC says NanoBit presented a crypto trading platform that it characterizes as fake and alleges the company misled investors about its operations. The SEC further alleges that investor funds were misappropriated, with hundreds of thousands of dollars taken from customers. In the final resolution, the SEC orders monetary relief described as fines and a judgment totaling more than $5 million. The reports characterize the case as an end to the SEC’s enforcement action against NanoBit, based on the SEC’s allegations that the platform deceived investors and that funds were not used as represented. The specific amounts referenced by outlets align around a judgment figure of $5.4 million, with the overall order described as exceeding $5 million. The accounts focus on the SEC’s claims and the outcome of the enforcement action, without detailing any contrary findings or defenses in the reports.