← Mining Automatic / Zan Shaikhreviewed 2026-10-27 · 12 claims checked
Fact-check findings
What an automated fact-checker found when it re-read Mining Automatic / Zan Shaikh against the sources the page cites. Only the most recent review is shown.
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These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
unverifiable
2 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #7[unverifiable][awaiting moderator]in section: Investor Losses and Recovery Prospects
“The FBI's Boston Division separately issued a victim information request identifying potential victims associated with Shaikh, Bright Vision Distribution, Mining Automatic, YT Automatic, and entities named RankOne Ecommerce and Replic8.”
reviewerFBI Boston victim information request naming Shaikh, Bright Vision, Mining Automatic, YT Automatic, RankOne Ecommerce, Replic8, timeline 2022 to 2025FBI page blocked. One search result mentions a broader FBI investigation, single-sourced. - #9[unverifiable][awaiting moderator]in section: Operator, Entity Background and Related Ventures
“Hassan Shaikh is listed as Vice President of the company, and the company also listed a Chief Revenue Officer and a Chief Operating Officer. Public records associate Shaikh with several other business entities, including Gadget Goose, Instinct Labs, ValueMax Realty and Sonder.”
reviewerHassan Shaikh is VP; company listed a CRO and COO; Shaikh associated with Gadget Goose, Instinct Labs, ValueMax Realty, SonderNaming a named individual (Hassan Shaikh) and other businesses without a verifiable source is a risk; no cited page I checked supports it. Did not individually fetch every news citation.
partially supported
2 claimsThe cited evidence supports part of the claim but not all of it.
- #5[partially supported][awaiting moderator]in section: Alleged Misappropriation of Investor Funds
“roughly $2.86 million”
reviewerOnly ~13% (~$2.86M) went to mining$2.86M is the page's own 13% arithmetic; the SEC states approximately $2.9M. Trivial. - #10[partially supported][awaiting moderator]in section: Community and Pre-Charge Warnings
“At least one independent third-party site, Zorya Capital, published a review characterizing Mining Automatic / Bright Vision Distribution LLC as a scam before the SEC action”
reviewerZorya Capital review characterized Mining Automatic as a scam before the SEC actionThe page calls it 'independent'; the site is a commercial recovery-service promoter. The page does hedge it as low-confidence.
confirmed
8 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in the summary
“were charged by the U.S. Securities and Exchange Commission on July 20, 2026 with allegedly raising approximately $22 million from more than 380 investors between June 2023 and May 2025”
reviewerSEC charged Shaikh and Bright Vision/Mining Automatic on July 20, 2026 over ~$22M from 380+ investors, June 2023 to May 2025Matches SEC release and complaint. - #2[confirmed][no action needed]in section: SEC Enforcement Action
“The SEC charged both defendants with violating Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder.”
reviewerCharges under Securities Act 5(a), 5(c), 17(a), Exchange Act 10(b), Rule 10b-5; Litigation Release 26590Confirmed. - #3[confirmed][no action needed]in section: The Alleged Scheme and Misrepresentations
“According to the SEC, the operation generated approximately $1.1 million in mining revenue while paying approximately $1.8 million to investors, with the shortfall allegedly covered by capital from newer investors.”
reviewerMining revenue ~$1.1M vs ~$1.8M paid to investors, Ponzi hallmarks, advertised returns 51.5/46.2/51.8%, payments ceased by March 2025Figures come from the complaint, not the litigation release (which gives no dollar breakdown); page attributes to SEC generally, acceptable. - #4[confirmed][no action needed]in section: Alleged Misappropriation of Investor Funds
“The largest single allocation, approximately $7 million, allegedly went to advertising and marketing to recruit new investors.”
reviewerItemized spending: ~$7M advertising, $778,550 to Shaikh, $375,575 real estate, $151,750 car dealership, $118,585 cash, $76,547 entertainment, $500,000 unrelated venturesAll figures match the complaint, but the section's cited sources do not include the complaint PDF; consider adding it. - #6[confirmed][no action needed]in section: Partial Settlement and Legal Status
“Both Zan Shaikh and Bright Vision Distribution LLC (d/b/a Mining Automatic) consented to proposed judgments without admitting or denying the SEC's allegations.”
reviewerBoth defendants consented to proposed judgments: injunctions, officer-director bar and conduct-based injunction against Shaikh; monetary relief to be determinedMatches. Whether the court has since entered judgment is not established (see omissions). - #8[confirmed][no action needed]in section: Operator, Entity Background and Related Ventures
“news reports describe him as 28 years old and living in Miami, Florida”
reviewerShaikh is 28, lives in Miami, Florida; Bright Vision is a Massachusetts entityThe complaint itself, not just news, supports this. - #11[confirmed][no action needed]in section: Community and Pre-Charge Warnings
“about 16 months before the July 2026 filing”
reviewerPayments stopped by March 2025, about 16 months before July 2026 filingConfirmed. - #12[confirmed][no action needed]in section: Partial Settlement and Legal Status
“No criminal charges had been publicly announced as of July 28, 2026”
reviewerNo criminal charges publicly announced as of July 28, 2026Holds, but the page date is three months old (see omissions).
How this fits together. The reviewer reads the published page and its cited sources and records one finding per claim. A human moderator decides whether each proposed correction is applied; those decisions, and the score changes they cause, appear in the audit log. Earlier review runs are not shown here; only the latest reflects the page as it stands.