NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme
Bitcoin Magazine NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme Two successive crypto frauds took investors for more than $1.1 billion. Now New York's attorney general is asking a court to make the operators pay it back—with interest. This post NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme first appeared on Bitcoin Magazine and is written by...
What happened
Bitcoin Magazine NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme Two successive crypto frauds took investors for more than $1.1 billion. Now New York's attorney general is asking a court to make the operators pay it back—with interest. This post NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme first appeared on Bitcoin Magazine and is written by...
Why it matters
The proceeding may create legal precedent, financial exposure or operating constraints for Bitcoin.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- Bitcoin MagazinePrimary source · Supports · EN · 100%NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme ↗
Claims
- NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported