SEC charges crypto firm NovaTech with fraud

  • News
  • August 12, 2024
  • 0 Comments

The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian-American community. The SEC frames NovaTech, founded in 2019 by husband-and-wife duo Cynthia and Eddy Petion, as a multi-level marketing (MLM) scheme — one that lured investors […]

© 2024 TechCrunch. All rights reserved. For personal use only.

  • Related Posts

    • News
    • September 10, 2024
    • 0 views
    Nearly 40 states back surgeon general’s social media warning labels

    Illustration by Amelia Holowaty Krales / The Verge A coalition of 42 state and territory attorneys general is calling on Congress to pass regulation requiring warning labels on social media…

    • News
    • September 10, 2024
    • 0 views
    French embedded insurance startup Neat secures $55 million

    Neat helps other companies sell insurance products to their own customers. In insurance lingo, it focuses on affinity insurance contracts linked to another service or product. © 2024 TechCrunch. All…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Nearly 40 states back surgeon general’s social media warning labels

    • By
    • September 10, 2024
    • 0 views

    French embedded insurance startup Neat secures $55 million

    • By
    • September 10, 2024
    • 0 views

    EV warranty startup Amber launches a remote diagnostic service for Teslas

    • By
    • September 10, 2024
    • 0 views

    TechCrunch Minute: Everything announced at Apple’s Glowtime event

    • By
    • September 10, 2024
    • 0 views

    Chrome is making it easier to keep track of browser tabs

    • By
    • September 10, 2024
    • 0 views

    SpaceX launches Polaris Dawn, where astronauts will venture further than any humans in more than 50 years

    • By
    • September 10, 2024
    • 0 views