Published on August 18th, 2015 | by bitcoin0
SEC Investigates and Sues Brother of GAW Miners CEO
The US Securities and Exchange Commission (SEC) has filed suit against a former employee of the now-defunct cryptocurrency mining company GAW Miners.
Carlos Garza, according to a 14th August filing, has allegedly refused to comply with a SEC subpoena in connection with its long-running investigation into GAW Miners and CEO Josh Garza.
According to the filing, Carlos Garza – the brother of GAW CEO Josh Garza who was primarily involved in the sales of mining products and paycoin to investors – appeared to give testimony on 12th August but refused to answer questions.
Details into investigation
The initial filing offers direct details of the agency’s investigation into GAW Miners and its CEO Garza, which focuses on both issues related to Hashlets as well as paycoin.
The full SEC court filing can be found below:
Securities and Exchange Commission v Garza
Court room image via Shutterstock