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New York Attorney General Letitia James has filed a lawsuit against two cryptocurrency companies, including NovaTech, and their promoters, accusing them of defrauding hundreds of thousands of victims out of more than $1 billion. The alleged scheme targeted Haitian and other immigrant communities by exploiting their religious faith. The companies involved are purported to have operated a pyramid scheme.
New York Attorney General Letitia James has sued two purported crypto companies and their promoters for allegedly operating a $1 billion crypto pyramid scheme targeting Haitian immigrants. https://t.co/AyDmgfUZVk
NY AG sues two crypto companies and their founders for allegedly operating pyramid schemes that targeted Haitian immigrants and defrauded investors out of $1B+ (@cheyenneligon / CoinDesk) https://t.co/qWEf9ScULj 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/iJ5fdWrfYs
📣 Latest News: NY Attorney General sues crypto trader NovaTech, claims $1B fraud #news #cryptonews #crypto
