Published on August 19th, 2015 | by bitcoin0
Ars Technica: Federal authorities searching for way to get an unsavory employee from Bitcoin mining firm to testify in court
The SEC alleges millions of dollars in possible fraudulent sales by GAW Miners—the case could also expand to criminal charges.
Carlos Garza, the brother of Josh Garza, the founder and CEO of GAW Miners, appeared before SEC lawyers in Boston last week for 90 minutes of questioning.
Carlos GarzaIn January 2015, Ars reported on the opening of the SEC investigation into Josh Garza, and GAW Miners.
In early 2014, GAW Miners was first introduced to the Bitcoin public, and first came about re-selling Bitcoin mining rigs.
The SEC also alleges that Garza has knowledge that may be relevant to locating the bitcoin and other virtual currency that GAW Miners received as payment.