June 15, 2024

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New York Cracks Down on Crypto Pyramid Schemes Targeting Immigrants

1 min read
New York Cracks Down on Crypto Pyramid Schemes Targeting Immigrants
New York Cracks Down on Crypto Pyramid Schemes Targeting ImmigrantsNew York Attorney General Letitia James has sued Novatechfx, AWS Mining, and their founders for orchestrating crypto pyramid schemes that defrauded over 11,000 New Yorkers out of more than a billion dollars in cryptocurrency. These companies targeted vulnerable immigrant communities, particularly Haitians, with false promises of high returns. NYAG Letitia James Takes Action Against Crypto […]