NYAG Letitia James sues two firms for $1bn crypto fraud

New York Attorney General Letitia James has sued two companies for running crypto pyramid schemes that defrauded more than 11,000 New Yorkers of over a billion dollars in cryptocurrency. The two companies, AWS Mining and Novatechfx (Novatech), targeted vulnerable immigrants, mostly those from Haiti, and religious communities, promising them “financial freedom.” Also read: New York […] source: https://www.cryptopolitan.com/ag-letitia-james-sues-firms-for-crypto-scams/