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New York Seeks $1.37 Billion Judgment Against NovaTech Crypto Ponzi Scheme Operators
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New York Seeks $1.37 Billion Judgment Against NovaTech Crypto Ponzi Scheme Operators

Key Highlights: New York authorities are pursuing a massive $1.37 billion judgment against the operators behind the fraudulent cryptocurrency ventures AWS Mining and NovaTech. Out of more than $1 billion deposited by victims into NovaTech between 2019 and 2023, only $26 million was tradedโ€”resulting in an $18.2 million loss while fabricated returns were paid out ...