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NovaTech Hit by SEC: The $650M Crypto Scam You Need to Know About
In the rapidly evolving landscape of cryptocurrency and multi-level marketing (MLM) schemes, the U.S. Securities and Exchange Commission (SEC) has once again made headlines by undertaking robust enforcement actions. This time, the focus is on NovaTech, an MLM and cryptocurrency investment program provider, accused of defrauding investors through deceptive practices. The company, along with its…
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Exposed: The Shocking $650 Million Ponzi Scheme by Novatech
In a world relentlessly advancing towards digitization, the allure of high returns from digital assets and forex markets has attracted countless investors globally. However, with high returns often come high risks, as was evidenced by the recent charges brought forth by the Securities and Exchange Commission (SEC) against Novatech, its founders, and several promoters. They…
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Shocking: NovaTech Founders Face SEC for $650 Million Crypto Fraud
In recent developments within the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against the founders of a purported investment firm, NovaTech. Accused of orchestrating a Ponzi scheme, the company allegedly amassed $650 million in cryptocurrency funds under the guise of a crypto asset investment program. This scenario underscores the…