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Tag: New York

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New York Wants $1.3B From Crypto Founders Who Fled
Key Takeaways

Founders: $1.37 billion sought, including $232 million interest
Investors deposited $1.16 billion; $26 million reached trading
Four promoter settlements total about $5.98 million
Corbett’s first installment due April 1, 2027


Attorney General Letitia James announced the settlements and… Read full article
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New York Seeks $1.37B From Novatech Founders in Crypto Fraud Case
New York is seeking about $1.37 billion from Novatech founders Cynthia and Eddy Petion after a court entered a default judgment in a crypto fraud case. State filings show investors deposited more than $1.16 billion, while only about $26 million… Read full article
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New York AG seeks $1.37B from NovaTech founders over Ponzi scheme
The request follows an August 2025 default judgment, with the AG also announcing nearly $6 million in settlements with four promoters. Read full article
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