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AG James Secures Nearly $6 Million From Crypto Scammers

AG James Secures Nearly $6 Million From Crypto Scammers

NEW YORK – New York Attorney General Letitia James secured nearly $6 million from the leaders of an insidious cryptocurrency pyramid scheme that targeted Haitian and other communities, defrauding hundreds of thousands of investors worldwide, including more than 11,000 New Yorkers. In June 2024, Attorney General James sued cryptocurrency trading company NovaTechFx (NovaTech) and cryptocurrency mining company AWS Mining Pty Ltd. (AWS Mining) for targeting immigrant communities, particularly Haitian New Yorkers, in prayer groups and through social media and WhatsApp group chats with fraudulent promises of high returns on investments, while running illegal pyramid schemes. As a result of Attorney General James’ lawsuit, four of the…

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