Just-In: US SEC Cracks Down On NovaTech Over $650M Crypto Scam

According to a recent update, the US SEC has charged NovaTech and its leaders over a $650 million crypto scam. The major crackdown on crypto fraud highlights growing regulatory scrutiny in the cryptocurrency market as authorities push to protect investors from fraudulent activities. The charges appear to be a part of a broader effort to bring justice to the victims and clamp down on deceptive practices.