Home / CRYPTOCOINS / NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam

NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam

The Petions were two of AWS Reserve’s top promoters – each recruiting at least 200,000 investors to their “downline” – earning them both the service title of “President,” the suit alleged. After AWS Mining went bust in April 2019, the couple decided to start a new callers together, NovaTechFX, with Cynthia serving as CEO and Eddy as COO. NovaTech claimed to be a crypto and foreign exchange trading party line that advertised up to 4% returns per week.

Check Also

XRP Price Skyrockets Past $1 as SEC Faces Legal Troubles And Favorable Regulatory Shift Looms

In December 2020, the SEC filed a lawsuit against Riffle Labs, accusing the company of …

Leave a Reply

Your email address will not be published. Required fields are marked *