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Topic: [2015-12-1] SEC Files Charges Against Joshua Garza, GAW Miners and ZenMiner (Read 268 times)

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It was only a matter of time until the US Securities and Exchange Commission filed official charged Bitcoin mining companies for fraudulent behavior. Both GAW Miners and ZenMiner have been officially indicted, as these two Bitcoin mining “companies” have been charged with conducting a Ponzi scheme to defraud investors.

GAW Miners and ZenMiner Officially Deemed Ponzis
The complaint by the SEC has been filed in federal court in Connecticut, and not only targets the two companies, but their founder Joshua Garza as well. Bitcoin community members from all over the world had been waiting in anticipation for this announcement, as many people lost digital currency when these two Ponzi schemes came around.
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