Litigation: SEC Charges NovaTech, Its Principals, Promoters With $650 Million Crypto Fraud
August 13, 2024
August 13, 2024
WASHINGTON, Aug. 13 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-23058; S.D. Fla. filed Aug. 12, 2024) involving NovaTech Ltd., et al.:
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The Securities and Exchange Commission today charged Cynthia and Eddy Petion, along with their company, NovaTech Ltd., for operating a fraudulent scheme that raised more than $650 million in crypto assets from more than 200,000 investors worldwide, including many in the Haitian-Ame . . .
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The Securities and Exchange Commission today charged Cynthia and Eddy Petion, along with their company, NovaTech Ltd., for operating a fraudulent scheme that raised more than $650 million in crypto assets from more than 200,000 investors worldwide, including many in the Haitian-Ame . . .