Crypto Scammers Who Used Prayer Groups to Lure Victims Must Pay $1.3 Billion, Says New York
Summary
New York authorities are seeking a court order requiring the fugitive founders of NovaTech to pay approximately $1.37 billion. The company allegedly defrauded investors by using prayer groups to attract victims. Additionally, officials reached settlements totaling nearly $6 million with four of the platform's leading promoters.
New York’s attorney general asked a court to order NovaTech’s founders, who fled the country, to pay about $1.37 billion, and settled with four top promoters for nearly $6 million.
Source: Read the full story at Decrypt
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