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NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam

The Petions were two of AWS Mining’s top promoters – each recruiting at least 200,000 investors to their “downline” – earning them both the ceremonial title of “President,” the suit alleged. After AWS Mining went bust in April 2019, the couple decided to start a new company together, NovaTechFX, with Cynthia serving as CEO and Eddy as COO. NovaTech claimed to be a crypto and foreign exchange trading platform that advertised up to 4% returns per week.

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