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coinpedia 2024-08-12 17:57:04

SEC Charges NovaTech in $650 Million Crypto Fraud Affecting Over 200K Investors Globally

The post SEC Charges NovaTech in $650 Million Crypto Fraud Affecting Over 200K Investors Globally appeared first on Coinpedia Fintech News The Securities and Exchange Commission (SEC) has announced significant charges against NovaTech Ltd. and its principals, Cynthia and Eddy Petion, for executing a massive $650 million cryptocurrency fraud scheme that impacted over 200,000 investors globally. Many of the affected are from the Haitian-American community. Additional charges were levied against key promoters who accelerated the scam’s …

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