This Josh fellow is clever: he's never actually promised the $20 per 1 Paycoin offer directly as far as I've been able to read. Others have left off the lawyer words and run with it and GAW wasn't overly in a hurry to pull them back. People love to think they'll get something for nought. With this statement Josh erases any accusations of a scam in the legal sense. He's more-or-less directly telling the world that the $20.00 bit will never happen. The naive, etc. will keep pumping up his coin and GAW will summarily dump on the lot of them. No illegalities as nothing was ever promised and any doubts re the lack of a promise were handled right there on their forum in that long post of his.
He doesn't want the customers to dump their coins so he can dump his first. Plain and simple. Josh is a criminal and hopefully will get his in the end.
A criminal has to commit a crime to be called that, i believe he hasn't done it yet.
They actually slipped and said Gaw will BUY BACK your XPY for $20 on Paybase.
They edited their post to say they will MANAGE your XPY for $20 on Paybase.
That was a huge red flag, I should have dumped then. But oh well I dumped just now. Still profit from mining.