New York Seeks $1.3B From NovaTech Founders After Couple Fled US

The size of the disgorgement demand relative to the funds actually raised makes this one of the more aggressive state-level enforcement actions in a crypto case, and the founders' flight complicates recovery prospects. The gap between funds taken in and funds traded is the core allegation, and it underscores how state regulators are now pursuing clawbacks long after platforms collapse. What matters next is whether the fleeing couple can be reached through cross-border cooperation, and whether the $1.3 billion figure survives legal challenge or serves mainly as a deterrent signal.