Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets. The United States Securities and Exchange Commission formally ...

Monday’s lawsuit in Miami federal court came two months after New York Attorney General Letitia James sued NovaTech and its cofounders, the Petions, in a state court in Manhattan, estimating their ...

Two people took in $1 billion in crypto deposits and traded $26 million of it, the suit alleges. New York Attorney General Letitia James has filed a suit alleging that hundreds of thousands of people ...

The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the ...

The US Securities and Exchange Commission (SEC) has brought charges against Novatech and eight of its promoters. According to the SEC, this is a pyramid game with cryptocurrencies and not crypto funds ...

The U.S. Securities and Exchange Commission said on Monday that it has filed a lawsuit against NovaTech Ltd. and its married co-founders, accusing them of orchestrating a fraudulent scheme that raised ...

NovaTech Ltd., the multi-level marketing company has been charged for its part in a $650 million crypto fraud scheme. The company owners and staff have also been charged. Cynthia and Eddy Petion, face ...