The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian ...
The Securities and Exchange Commission (SEC) formally charged Novatech, founders Cynthia and Eddy Petion, and promoters advertising the platform for fraud on Aug. 12, 2024. According to the SEC ...
The US Securities and Exchange Commission (SEC) has claimed that cryptocurrency company NovaTech and its co-founders on Monday (12 August) have fraudulently raised more than $650m from over ...
According to the SEC’s complaint, NovaTech and its promoters preyed ... Without admitting or denying the charges against him, Zizi agreed to pay a $100,000 civil penalty and to be permanently ...
Cynthia Petion assured investors that "you are in profit from day one." Instead, the SEC further alleged, NovaTech used the bulk of investor funds primarily to repay earlier investors and pay ...
The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the ...
According to the SEC’s complaint, Novatech raised more than $650 million from over 200,000 investors worldwide in an apparent Ponzi scheme. More specifically, the SEC alleged that the Novatech ...
