• 23 अक्तू. 2026 · 16:36 UTC · body · New information from a source

  • New York's attorney general is seeking $1.3 billion from the founders of NovaTech, a platform that collected $1.16 billion but traded only a fraction of customer deposits, according to Cointelegraph.
  • The action follows an August 2025 default judgment against the founders.
  • The state also announced nearly $6 million in settlements with four promoters involved in the scheme.
  • New York Attorney General seeks more than $1.3 billion from the founders of NovaTech, according to The Block, after the couple fled the United States.
  • Cointelegraph puts the figure at $1.37 billion, the same amount cited by Decrypt.
  • The Block reports NovaTech's platform took in $1.16 billion from investors but traded only a fraction of that amount.
  • Decrypt reports the scheme used prayer groups to lure victims.
  • The request follows an August 2025 default judgment against the founders, according to Cointelegraph.
  • Alongside the new filing, the attorney general's office announced settlements totaling nearly $6 million with four top promoters of the scheme, according to Cointelegraph and Decrypt.

• 23 अक्तू. 2026 · 16:36 UTC · summary · New information from a source

  • New York AG pursues $1.3 billion from NovaTech founders whose platform collected $1.16 billion.
  • New York's attorney general asked a court to order NovaTech's founders, who fled the country, to pay roughly $1.37 billion after their platform took in $1.16 billion from investors.

• 23 अक्तू. 2026 · 16:36 UTC · headline · New information from a source

  • New York seeks $1.3 billion from NovaTech founders after couple fled US
  • New York Attorney General Seeks $1.37 Billion From NovaTech Founders Who Fled U.S.

Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.