SEC Allegations against NovaTech Ltd
The Securities and Exchange Commission (SEC) has filed charges against NovaTech Ltd, accusing the company and its operators, Cynthia and Eddy Petion, of orchestrating a fraudulent scheme centered on cryptocurrency assets. They are alleged to have run a multi-level marketing (MLM) company that falsely promised to invest victims' funds in crypto assets but actually used only a small fraction for that purpose.
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