New York seeks over $1.3 billion from NovaTech founders after couple fled the US

Crypto Insight Summary: New York wants $1.3 billion from NovaTech's founders, whose platform took in $1.16 billion and traded a fraction of it. Crypto Insight Analysis: Direction: Bearish Crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory pressure on crypto platforms may deter investors.