New York Attorney General Letitia James has filed a request for $1.37 billion in damages against the founders of NovaTech, a company accused of operating a Ponzi scheme. The demand follows a default judgment in August 2025, in which a court found the company's founders liable for the scheme. The New York AG also announced settlements with four promoters, totaling nearly $6 million.
Source
"New York AG Seeks $1.37B from NovaTech Founders" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
