Quote from: Vannicke on November 18, 2014, 08:20:29 AM

@jimmothy

The thing is GAW has been a legit business in mining equipment for quite a while, and the Garza won't get a slap on his wrist if this blows up in his face.

I wouldn't consider ~6 months "quite a while".

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Edit: I honestly had to look up the Neo & Bee bit. I don't think that in the U.S. things will fall apart as nicely around the Garza as they did around Brewster. (I am from the U.S. myself, as a disclaimer.) If he has committed fraud of any kind, at the scale it would have to be at this point, he would likely be in a thousand times deeper shit than Brewster, and won't be able to just jump to the UK until it dies down. Millions of dollars in fraud will grab the attention of SEC bloodhounds before he could disappear.

I have to disagree.

The SEC is not exactly known for their lightning paced scam busting.

It took them ~2 years to finally charge Trendon Shavers for his 700,000 btc ponzi scheme, and ~2 years to charge Erik Voorhees for selling unregistered securities.

There is no doubt that GAW is selling unregistered securities (via hashlets) and they are surely breaking SEC/FinCEN regulations with hashcoin.

If/when they collapse they will have plenty of time to pack up their bags/stacks of cash and move to their newly bought mansion on some remote tropical island.