SEC Charges Novatech in $650 Million Crypto Fraud Scheme

by CryptoExpert

August 13, 2024

in Business

SEC Charges Novatech in $650 Million Crypto Fraud Scheme

The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to pay existing investors and promoters. SEC Charges Novatech Ltd. in $650 Million Crypto Fraud Case […]

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EU DeFi Proposals Could Restrict Crypto Access: Coinbase

OKXICE Sets Tokenized Stocks Launch Following Mass Company Objections

Bitmine Reports $6.3B Net Loss as Ether Plunges 44% During Fiscal Year

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