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coinpedia 2024-06-07 13:16:11

NY AG Sues Crypto Companies for Alleged $1 Billion Investor Scam

The post NY AG Sues Crypto Companies for Alleged $1 Billion Investor Scam appeared first on Coinpedia Fintech News The New York attorney general has sued two companies and their promoters for allegedly defrauding investors of more than $1 billion. AWS Mining, which promised a 200% guaranteed return, collapsed in April 2019. This was followed by a second, larger fraud involving NovaTech. Investors deposited over $1 billion worth of cryptocurrency with NovaTech from August …

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