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New York AG Seeks $1.37B From NovaTech Founders Over Ponzi Scheme

The New York Attorney General seeks $1.37 billion from the founders of NovaTech after a default judgment confirmed they ran a Ponzi scheme that collected $1.16 billion.

2 publishers · 2 articles · first seen 23 Oct 2026 · updated 3h ago

Headline and summary written by an AI model from the linked articles; not reviewed by a person. How this was made

The story so far

2 publishers have covered this in 2 articles since 23 Oct 2026. The Block published first, on 23 October at 10:12 UTC; Cointelegraph.com News followed 2h 22m later. The most recent article, from Cointelegraph.com News, appeared on 23 October at 12:33 UTC.

Outlets reporting it: The Block, Cointelegraph.com News.

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Sources

Every article we clustered into this story. Headlines link to the publisher.

  1. New York AG seeks $1.37B from NovaTech founders over Ponzi scheme Cointelegraph.com News
  2. New York seeks over $1.3 billion from NovaTech founders after couple fled the US The Block

In this story

  • NovaTech
  • New York AG
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