Massive press coverage in the crypto space.
BWAHAHAAHAHAAA!! Carlos getting re-raked over the coals for testifying while "SCARED!"
and ignorant. "I don't understand this kind of law!"
(...only how to break it, yo.)
https://blockonomi.com/joshua-garza-jailed/#NeuterGarzas
Garza explained in a phone interview that GAW began because of scammers. When he first heard about bitcoin, Garza was intrigued by the technology and spent $100,000 on a mining rig he never received. Though he refused to say which company he had purchased from, the situation led to much frustration and he decided to start a company to try and fix things. He says that GAW Miners made over $1 million in its first month, and that the company had over 100,000 customers at one time, with roughly 10,000 to 15,000 new accounts being added each day.
Yeah, right.
.... If that's the case you'd be getting 10 cents a month, if that.
Thats better than my nicehash repayment schedule...
Hah! they just plain deleted 6 months of my mining and refuse to admit it ever existed. And like an idiot I had deleted all the previous years of logs a few months earlier that was getting large (OCD drive maintenance), fuck them.
Yeah but you have to hand it to those guys for pulling off the most sophisticated scam ever in the crypto theater. They basically shorted bitcoin when it was at $20K.
"Oh sorry folks... bad news, we got got hacked for 4000 bitcoin. (or wtf it was)...
But the good news is, because we are so honest, we intend to pay yawl back all the lost bitcoins."
And they are indeed. Well sort of.. They (or whoever was in cahoots with em) "borrowed" it at $20K/btc
but are paying it back (at some paltry monthly rate) at $6.5K/btc...That's a good short position right there I'll say.
AND they are still operating their mining racket...
(...and I'm still mining dust there...fucking brilliant...I know.... I'm an idiot, but I just can't let it go)
...sorry for ot
Is there even a scam thread for them?