Web3
New York AG seeks $1.3B from founders in NovaTech crypto fraud case
The Cryptonomist·October 24, 2026·1 min read
New York Attorney General Letitia James is seeking roughly $1.3 billion in damages and disgorgement from NovaTech founders Cynthia Petion and Eddy Petion in a crypto fraud case. The October 22, 2026 announcement also detailed nearly $6 million in separate settlements with four promoters of NovaTech and AWS Mining.
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