The NYAG’s suit follows a class action lawsuit filed against NovaTech and Cynthia Petion earlier this year. There are not currently any criminal charges against the Petions or the other promoters.

A now-defunct alcohol-delivery platform has reached a settlement with the New York Attorney General’s office, and will pay $4 million in restitution to delivery workers who had not received ...

The NYAG found that Tether and Bitfinex misrepresented the assets backing USDT and obscured the loss of $850 million in user funds. After more than two years of legal battle and investigation, iFinex ...