Skip to content
FinanceBitcoin Magazine

NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme

By Mathew Di Salvo

Bitcoin Magazine NY Seeks $1.37 Billion Judgment Against Operators of NovaTech Crypto Ponzi Scheme Two successive crypto frauds took investors for more than $1.1 billion. Now New York's attorney general is asking a court to make the operators pay it back—with interest. This post NY Seeks $1.37 Billion Judgment Against…

Read Original Article

Explained in this story

Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency
Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

More about Bitcoin

More in Finance

From the blog