https://www.coindesk.com/landmark-crypto-crime-case-ends-with-jail-sentence-for-gaw-ceo/Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge.
Garza was given six months home confinement as part of a 3-year probationary period following release.
Thursday's sentencing caps a years-long saga that began in 2014, with allegations that GAW was functioning as a Ponzi scheme by selling more cryptocurrency mining processing power than the firm actually possessed.
Anyone want to buy a couple Gridseed miners? LOL, I still have 2 sitting in boxes.
Gridseed wasn't them now was it? The Gridseed used hurricane chips and the zeus line was Gaw right? I owned a thunder x3 I custom modded and sold years ago.
Gridseed and Zeus Miners were legit companies that made miners they sold under their own brand. GAW also resold them and had Zeus Miners make some miners for GAW that were rebranded with names like Falcon and War Machine. The Thunder was a Zeus made and branded miner.
Yeah, must have been resells. Have my email still from GAW in March 2014. Funny, was 400 bucks back then and maybe mined like .1 BTC and various other coins. Sold all them for BTC probably equaled about .8 BTC.
300+ KH/s Single Gridseed ASIC Miner
2
$189.95 USD
$379.90 USD
Subtotal:
$379.90 USD
Shipping:
$16.72 USD
Grand Total:
$396.62 USD
Payment method:
credit-card
GAW Miners