CryptoHypeBuster

New York AG seeks $1.37B from NovaTech founders over Ponzi scheme

CoinTelegraph · Fri, 23 Oct 2026 12:33:37 GMT

Hype 0/100 · Market impact 0/100 · Breaking 54/100

New York’s attorney general is pursuing $1.37 billion from NovaTech’s founders over a Ponzi scheme, following an August 2025 default judgment, and also announced nearly $6 million in settlements with four promoters.

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