Meta is shutting down its Novi wallet. The social media company is asking its users to withdraw their funds either by transferring them to their bank accounts or withdrawing them as cash.
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<p><span>The Department of Justice, together with federal law enforcement partners, today announced criminal charges against six defendants in four separate cases for their alleged involvement in cryptocurrency-related fraud, including the largest known Non-Fungible Token (NFT) scheme charged to date, a fraudulent investment fund that purportedly traded on cryptocurrency exchanges, a global Ponzi scheme involving the sale of unregistered crypto securities, and a fraudulent initial coin offering. </span></p>