NovaTech Founders Face $1.37B Claim by New York Attorney
Photo: Coinfomania
New York AG seeks $1.37B from NovaTech founders over alleged Ponzi scheme. This could reshape investor trust in crypto ventures. The New York Attorney General is pursuing $1.37 billion from NovaTech founders Cynthia and Eddy Petion over allegations of a Ponzi scheme. This includes $1.13 billion in disgorgement and $232.5 million in prejudgment interest. The action highlights the rising scrutiny of crypto projects, prompting investors to reassess their trust in digital asset ventures. For further details, see WuBlockchain’s report .
Source: Coinfomania
