SEC accuses NovaTech of orchestrating $650 million crypto fraud
Cryptopolitan2024/08/11 16:00
By:By Jai Hamid
Share link:In this post: The SEC is charging NovaTech’s Cynthia and Eddy Petion for scamming over $650 million from 200,000 investors. The Petions promised profits but used new investors’ money to pay off old ones, pocketing millions themselves. Top promoters are also in trouble for pushing the scam, even after seeing warning signs.
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