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New York Attorney General Letitia James seeks over $1.3 billion from NovaTech founders Cynthia and Eddy Petion. The state alleges the couple collected $1.16 billion in crypto deposits between August 2019 and May 2023, with $134.5 million withdrawn to their wallets. This follows a default judgment issued in August 2025 after the Petions fled the country.
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