New York seeks $1.37B over alleged Ponzi, New York attorney general states

New York seeks $1.37B over alleged Ponzi, New York attorney general states
New York seeks $1.37B from NovaTech founders

The New York attorney general is seeking approximately $1.37 billion from the founders of NovaTech over allegations of a crypto Ponzi scheme.

Scott Melker posted this update.

Scott Melker has previously reported on technical updates in major crypto projects, including the delay of a Ripple XRP Ledger lending code fix after validator support decreased. He has also relayed institutional forecasts, such as Barclays’ view that Tesla and SpaceX could announce merger plans before December 2026. These updates reflect Melker's ongoing coverage of developments in both digital assets and traditional finance.

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