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Topic: [2016-02-19] Josh Garza’s Bitcoin Companies Face $10 Million Default Judgement f (Read 332 times)

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Josh Garza’s Bitcoin Companies Face $10 Million Default Judgement from SEC

The Securities and Exchange Commission is requesting more than $10 million in penalties from the bitcoin mining firms GAW Miners and ZenMiner, after CEO Joshua Homero Garza failed to respond to fraud charges against the embattled companies.

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It is still unclear where Garza is today, as he waived his motion of summons in this case, and it has been suggested that he has fled the country. Garza’s lawyer Marjorie Peerce declined to comment on the case, or the whereabouts of her client.

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