New York Seeks $1.3 Billion From NovaTech Founders in Crypto Fraud Case
New York’s attorney general is seeking $1.3 billion in monetary relief in the NovaTech case and announced nearly $6 million in promoter settlements. The $1.3 billion is a request to the court, not money recovered for investors.
TL;DR: New York’s attorney general is seeking $1.3 billion in monetary relief in the NovaTech case and has announced nearly $6 million in promoter settlements. The larger sum is a request to the court, not money recovered for investors.New York’s effort to recover losses from the NovaTech cryptocur…