Carlos Garza, a former employee of a now-collapsed Bitcoin mining company, must respond to a subpoena as part of an ongoing fraud investigation by the Securities and Exchange Commission, a federal judge in Massachusetts ruled on Tuesday.
The implosion of GAW Miners marks yet another example of incompetence and possible criminal behavior associated with a number of firms selling hardware to mine new bitcoins. Previously, CoinTerra, Butterfly Labs, and HashFast have also faced similar legal battles.
The SEC alleges millions of dollars in possible fraudulent sales by GAW Miners—the case could also expand to criminal charges.
Read 9 remaining paragraphs | Comments
No comments:
Post a Comment