News with the tag "NovaTech"

The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to pay existi...

The Attorney General of New York is suing two crypto firms for their alleged role in a $1 billion pyramid scheme. In a new press release, New York AG Letitia James announces a lawsuit against crypto exchange NovaTech and crypto mining company AWS Mining for allegedly defrauding hundreds of thousands...

New York Attorney General Letitia James has sued two companies for running crypto pyramid schemes that defrauded more than 11,000 New Yorkers of over a billion dollars in cryptocurrency. The two companies, AWS Mining and Novatechfx (Novatech), targeted vulnerable immigrants, mostly those from Haiti,...

New York Attorney General Letitia James has filed a lawsuit against two crypto companies, NovaTech Ltd and AWS Mining Pty Ltd, alleging a staggering $1 billion scam. The lawsuit, targeting not just the companies but also their associates, paints a disturbing picture of religious manipulation and exp...

Two people took in $1 billion in crypto deposits and traded $28 million of it, the suit alleges.

The United States Securities and Exchange Commission (SEC) has announced that it obtained a court order to enforce an investigative subpoena against two NovaTech crypto investment scheme promoters. In a recent press release, the financial regulator disclosed updates in its investigation against Nova...