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SEC sues suspected $650 million worldwide crypto scam

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The cryptocurrency startup NovaTech and its married co-founders were sued by the U.S. Securities and Exchange Commission on Monday. According to the commission, the pair deceitfully raised over $650 million from over 200,000 investors worldwide, many of whom were Haitian-Americans. Investors were purportedly promised a safe haven by NovaTech and its co-founders, Cynthia and Eddy Petion…

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