6 June 2024

NY AG sues crypto companies AWS Mining and NovaTechFX for allegedly operating pyramid schemes that targeted Haitian immigrants and bilked investors out of $1B+ (Cheyenne Ligon/CoinDesk)

Cheyenne Ligon / CoinDesk:
NY AG sues crypto companies AWS Mining and NovaTechFX for allegedly operating pyramid schemes that targeted Haitian immigrants and bilked investors out of $1B+  —  NovaTech's founders Cynthia and Eddy Petion allegedly preyed on Creole-speaking church-goers and advertised their scheme as a way to gain “freedom from the plantation.”

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