The CEO of now-defunct GAW Miners has been sentenced to 21 months in prison and ordered to pay $9.2 million in restitution to investors.
GAW Miners News
The US SEC has confirmed Josh Garza’s GAW Miners was a “ponzi scheme” after handing down a find of $12 million.10122
US Securities and Exchange Commission (SEC), the Internal Revenue Service, FinCEN, Department of Homeland Security, and other government agencies have officially launched multiple investigations into Cryptsy638
- AUG 19 DIGEST: First Bitcoin Block in Support of Bitcoin XT Mined; BTC Price Plunges Over 13% to 2-Month Low
The first Bitcoin block in support of Bitcoin XT has been mined by Slush Pool; the bitcoin price has plunged over 13% and more top stories for August 19.620
A recent Visa report indicates that the major international credit card firm is planning to research blockchain; LocalBitcoins and BitQuick are withdrawing their services from NY in response to the BitLicense, and more news400
The Bitcoin news website Bitcoinist LTD has signed a private long-term lease agreement for the “million-dollar domain” BTC.com.578
New Jersey has clarified the position of merchants accepting bitcoin as payment; mobile operator Orange is searching out digital currency start-ups in Silicon Valley; GAW mining sued for US$500,000 and more news903
“Josh Garza will have an opportunity to speak, and attendees will have an opportunity to respond”, said conference founder Moe Levin. The news comes in the midst of the Paycoin controversy that CoinTelegrah covered Friday.1331
- Paycoin Attempts To Explain Away Pay Floor, But Deleted Statements Appear To Tell A Different Story.
Paycoin has issued a statement attempting to explain why the US $20 pay floor everyone was never promised, but previous comments have some wondering if they changed their stories.583
The GAW/Paycoin controversy has sparked online protests against TNABC for allowing Josh Garza to speak, but how far should it go?428
Litecoin, Dogecoin, Blackcoin and Neoscoin requested to be delisted from Coin-Swap. The move follows the recent announcement of Josh Garza's Paybase’s acquisition of the cryptocurrency exchange.1197
The Geniuses at Work Corporation (GAW) announced in a statement Wednesday that the company had acquired a controlling stake in cloud mining company ZenMiner.383