New York AG seeks $1.3 billion from NovaTech founders after default judgment

Cynthia and Eddy Petion fled the US as prosecutors allege their crypto trading platform defrauded over 200,000 investors of more than $1 billion in digital assets New York Attorney General Letitia James is pursuing $1.3 billion in damages from the founders of NovaTechFx after the couple left the United States and a court entered a default judgment against them. The case targets a scheme that prosecutors allege drained more than $1 billion from investors over roughly four years before collapsing in 2023.

Source: Crypto Briefing