Post
Topic
Board Service Discussion
Re: "Known scammer Josh Garza of GAWMiners launched a Bitcoin exchange - Mineral"
by
sobitcoin
on 03/04/2015, 19:11:43 UTC
edit:

However, through our review we wanted to also share to those that don't know - Mineral is using the former Coin-Swap exchange code base - basically, Mineral is a clone of sorts, a re-branding of Coin-Swap to benefit Garza (obviously).

Coin-Swap saw some success as a coin-to-coin exchange, but was recently acquired by Garza, which is now getting turned into Mineral. To further confirm this, we found this post (archived) by Garza where he clearly states that GAW is utelizing Coin-Swap base code to power Mineral.

Given GAW/Garza's past issues, this may end up being another dramatic endeavor for the cryptospace. As an alternative that is an established coin-to-coin only exchange, I would suggest a service like Shapeshift.io.


http://de.reddit.com/r/Bitcoin/comments/31902o/just_a_quick_update_on_mineral_garzapaycoin/


Hey man, thanks for the heads up.. I really want to keep any of Josh's scam brands off of our listings, so if anyone happens to see a site linked to the Garza mess please let me know (enjoy bitcoins).


I think this is a situation  that really is shedding light on the inability of our current system as a whole, not just bitcoin.  Scams are protected.  There is a big difference, and it gets lost in translation all the time in here... between what is unethical, and what is illegal.  

It's too bad.  The best we can do is just keep everyone up to date on what he is up to.  If he isn't breaking any laws, or is working in a grey area, we can all play that game.  Everyone needs to be publically heard, not jst here, but everywhere, all social platforms and everywhere that they are finding investors and marketing their products.