Archive | paycoin

Josh Garza Held Liable for $9 Million USD for Wire Fraud

Homero Josh Garza has been held liable for $9,182,000 USD by a U.S. federal judge. Garza pleaded guilty to one charge of wire fraud for activities relating to Gaw, Gaw Miners, Zenminer, Zencoin, and Paycoin in July. Also Read: Garza Fined $12 Million by SEC for GAW Mining and Zenmining Ponzi Schemes The United States Securities […]

Sentencing of Josh Garza Potentially Delayed Until January 2018

Josh Garza is one of the more hated people in all of Bitcoin and cryptocurrency. His numerous scams have included PayCoin, GAW Miners, ZenMiner, and ZenCloud. Everyone knew it would only be a matter of time until all of those companies suddenly disappeared. After a thorough investigation, law enforcement officials finally arrested Garza earlier this year. His […]

Gaw Miners Victims May See Restitution in the Near Future

The infamous Gaw Miners company and investor Stuart Fraser may see the courthouse soon in a civil lawsuit against the defunct operation. A U.S. judge from the state of Connecticut denied Fraser’s request to a default judgment and hearing extensions. Also read: SEC Officially Indicts GAW Miners CEO for ‘Hashlet’ Ponzi Scheme Gaw Miners Sued for […]

Crypsty Accused of Owning a Paycoin Hyper Staking Controler

The San-Francisco based digital currency exchange Crypsty is being accused of owning one Paycoin Prime Controller. This announcement was made during a community hangout. According to a post on the Paycointalk The post Crypsty Accused of Owning a Paycoin Hyper Staking Controler appeared first on NEWSBTC.

DHS Agent Believed Mark Karpeles to Be Head of Silk Road

The number two spot for the most hated man in Bitcoin has changed a lot. Currently, it might just be Josh Garza as many PayCoin investors are not happy with the results of that investment. For a while