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Cases / Crypto & digital assets

GAW Miners, ZenMiner, Paycoin

Homero Joshua Garza

ReportedDec 1, 2015
LocationSomers, CT
Amount$20,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
GAW Miners, ZenMiner, Paycoin
Industry
Cryptocurrency (bitcoin) cloud-mining contracts ('Hashlets')
How investors were recruited
Online marketing to over 10,000 investors
Pitch & red flags
Hashlets touted as "always profitable and never obsolete"; promised daily returns

Pitch phrases from this case

Source

SEC official

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