Monday, August 12, 2024

SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme

The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Monday, charging them with fraud and multiple violations of federal securities laws.

source https://www.coindesk.com/policy/2024/08/12/sec-files-fraud-charges-against-promoters-of-novatech-alleged-650m-crypto-pyramid-scheme/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Wall Street heavyweight Cantor among investment banks pitching FalconX for its potential IPO

Crypto trading firm FalconX's CEO has previously said it is considering a public listing. source https://www.coindesk.com/business/202...