$1.3 Billion Judgment Default Triggers NovaTech Founders’ Pursuit by NY AG
Photo: TheCoinrise
The state's filing follows reports that the couple behind the alleged crypto scheme left the United States New York's attorney general has moved to collect more than $1.3 billion from the founders of NovaTech, following a default judgment entered against them. A default judgment is issued when defendants fail to respond to or contest legal proceedings. In this case, that failure appears connected to reports that the couple had already left the United States. NovaTech has been described in prior reporting as a crypto-related venture tied to allegations of investor fraud.
Source: TheCoinrise
