SEC Sues Over Alleged $650 Million Global Crypto Fraud

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Insurance Journal - Aug 13, 2024

The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently raised over $650 million from more than 200,000 investors worldwide, including many Haitian-Americans. NovaTech and co-founders Cynthia and Eddy Petion...

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