Crypto

Crypto Scammers Who Used Prayer Groups to Lure Victims Must Pay $1.3 Billion, Says New York

Summary

The founders of NovaTech face a court request from New York authorities to pay approximately $1.37 billion. The company allegedly operated cryptocurrency scams that targeted victims through prayer groups. Additionally, the attorney general reached a financial settlement with four major promoters involved in the scheme.

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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