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CryptonomistOctober 24, 20262 min read

New York AG seeks $1.3B from founders in NovaTech crypto fraud case

New York Attorney General Letitia James is seeking roughly $1.3 billion in damages and disgorgement from NovaTech founders Cynthia Petion and Eddy Petion—not announcing money recovered for investors.

New York Attorney General Letitia James is seeking roughly $1.3 billion in damages and disgorgement from NovaTech founders Cynthia Petion and Eddy Petion—not announcing money recovered for investors. The October 22, 2026, announcement also detailed nearly $6 million in separate settlements with four promoters of NovaTech and AWS Mining. Key takeaways The founders’ financial liability […]

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New York AG seeks $1.3B from founders in NovaTech crypto fraud case — VeilSwap