The Securities Exchange Commission (SEC) has filed charges against NovaTech Ltd. and its principals, Cynthia and Eddy Petion, accusing them of organizing a cryptocurrency fraud that defrauded more than 200,000 investors worldwide, including many Haitian Americans.
The SEC complaint details that, under the leadership of the petition, NovaTech was promoted as a multi-level marketing (MLM) and crypto asset investment scheme.
SEC Charges NovaTech Promoter with 650 million Dollar Cryptocurrency Ponzi Scheme
2024-08-17 12:12:33
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