Cc9f267dcClaimInvestors deposited $1.16 billion in digital assets into NovaTech's wallet between August 2019 and May 2023, but NovaTech sent only $26 million to its trading provider B2BrokerAgreeDisagree
Cc9f267dcClaimCynthia and Eddy Petion departed the United States prior to the August 2025 default judgment in the NovaTech case and failed to produce court-ordered investor recordsAgreeDisagree
Cc9f267dcClaimBefore launching NovaTech in 2019, the Petions promoted AWS Mining, a crypto mining scheme promising 15% to 20% monthly returns that collapsed in 2019AgreeDisagree
Cc9f267dcClaimArgentina's fintech chamber raised concerns that the sudden February 2025 LIBRA cryptocurrency collapse could constitute a rug pull scam targeting crypto investorsAgreeDisagree
Cc9f267dcClaimFederal Judge Marcelo Martínez de Giorgi cleared Karina Milei, General Secretary of the Presidency of Argentina, finding no evidence she received payments to arrange meetings for LIBRA creatorsAgreeDisagree
Cc9f267dcClaimNew York's $1.37 billion monetary request follows an August 2025 default judgment issued against Cynthia and Eddy Petion and NovaTech after the founders failed to respond to the state's lawsuitAgreeDisagree
Cc9f267dcClaimNovaTech falsely advertised itself as a registered hedge fund broker licensed to trade crypto in the United States, promising returns of 2% to 4% weeklyAgreeDisagree
Cc9f267dcClaimNovaTech targeted Haitian and immigrant communities worldwide using ads in Haitian Creole, social media, and WhatsApp prayer groupsAgreeDisagree
Cc9f267dcClaimNovaTech's traders lost approximately $18.2 million of the $26 million sent for trading, using incoming deposits from new investors to pay out weekly returns and recruitment bonusesAgreeDisagree
Cc9f267dcClaimNew York Attorney General Letitia James announced the NovaTech scheme settlements totaling nearly $6 million with four NovaTech promoters: Martin Zizi, Frantz Ciceron, James Corbett, and Ricardo Roy Sr.AgreeDisagree
Cc9f267dcClaimThe October 23, 2026 court decision dismissed criminal fraud investigations against U.S. launch adviser Hayden Davis, as well as associates Mauricio Novelli and Manuel Terrones GodoyAgreeDisagree
Cc9f267dcClaimNew York Attorney General Letitia James asked a state court on October 22, 2026 to order NovaTech founders Cynthia and Eddy Petion to pay roughly $1.37 billion, comprising $1.13 billion in disgorgement and $232.5 million in interestAgreeDisagree
Cc9f267dcClaimAll four NovaTech promoters agreed to permanent bans from the securities, commodities, and cryptocurrency industriesAgreeDisagree
Cc9f267dcClaimMore than 11,000 New Yorkers put money into NovaTech and AWS Mining before NovaTech collapsed in May 2023 and locked investors out of withdrawalsAgreeDisagree
Cc9f267dcClaimOn October 23, 2026, Argentine Federal Judge Marcelo Martínez de Giorgi dismissed the criminal fraud investigation against Argentine President Javier Milei over the February 2025 LIBRA memecoin collapse, officially closing proceedings without reversing investor financial lossesAgreeDisagree
Cc9f267dcClaimArgentine law enforcement authorities initiated a criminal investigation to examine potential fraud and the involvement of individuals associated with the February 2025 LIBRA memecoin launchAgreeDisagree
Cc9f267dcClaimArgentine Prosecutor Eduardo Taiano formally requested the dismissal of the criminal fraud investigation into President Javier Milei's promotion of the LIBRA memecoinAgreeDisagree
Cc9f267dcClaimThe Petions, Cynthia and Eddy, resided in Wellington, Florida until roughly May 2022, and SEC filings located Cynthia Petion in Panama as of August 2024AgreeDisagree
Cc9f267dcClaimNew York Attorney General Letitia James is seeking $4.7 million from Cynthia and Eddy Petion tied to the AWS Mining crypto mining schemeAgreeDisagree
Cc9f267dcClaimOn the launch day of PaperTrade, a trader executed $10 million to $20 million market orders on Hyperliquid to move Ethereum perpetual pricesAgreeDisagree