SEC Charges Novatech With Fraud, Raising Over $650 Million From 200,000 Investors! 😱

🔹 Novatech is accused of being a Ponzi scheme, promising profits from day one but only using a small portion to invest. 🔹 Most of the money was used to pay early investors and promoters. 🔹 Founders Cynthia and Eddy Petion are accused of using the money for personal purposes.

The NY Attorney General is also suing Novatech for defrauding over 11,000 NYC residents.

🔹 The SEC and NY Attorney General are seeking legal remedies and refunds to investors.

What do you think about this? Comment below! 💬#CryptoNews#Blockchain #BTC