GAW Miners Facing Lawsuit from Customers & Former Fans
It seems the legal troubles for Josh Garza and GAW Miners have only just begun. Last week, CCN reported that Mississippi Power was suing Geniuses at Work for more than $300,000 in unpaid electrical bills. Now, disenfranchised investors and dissatisfied customers have decided to pursue the idea of a potential legal option, with the creation of a website under the direction of one Dave Fisher. The seeminglyrushed legal hub reads, in part: Josh Garza personally & Gaw Miners & its employees has defrauded dozens of thousands of invetors of dozens of million of dollars. they have promised a....
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GAW Miners, the often embroiled cloud mining and hardware production company, is presently facing a lawsuit in the Southern District of Mississippi, Eastern Division, in the amount of $346,647.29 "plus all pre- and post-judgment interest, costs, and attorneys' fees." The lawsuit centers around GAW's unpaid electric bills to Mississippi Power Company for their mining facility run in Purvis, MS. The power company alleges that in order to service GAW, they had to incur a number of unusual costs, such as new transformers and associated equipment. They further claim that GAW is in debt in....
Missouri-based Wood Law Firm announced today that customers from across the United States have come together and filed a class-action lawsuit in the United State District Court for the District of Kansas which challenges both the sales and advertising practices of Butterfly Labs, a bitcoin mining hardware company based in Kansas. The lawsuit seeks to recover pre-order payments made for bitcoin miners that either did not fit the description of what was originally stated or that were delivered far long after initially announced by the company. Says Wood Law Firm in their announcement: The....
Charlotte C. Lin is the US lawyer who has been putting together the class action lawsuit against KnC for failure to ship miners purchased. During the discovery phase she also found that the few miners shipped were flawed with many catching fire. Charlotte sits down with Scott Fargo the Editor in Chief of Bitcoinist to let us know how the suit is progressing.
Bitcoin miners servicing GAW were sued by Mississippi Power Company (MPC) for non-payment and breach of contract earlier this month, with the company seeking close to $350,000 including interest and court fees for the lawsuit. In particular, the company is claiming around $224,000 in services repayment, $50,000 in costs for GAW, and $73,493.48 in utility claims. The lawsuit was filed last week in the Southern District Court for the Southern District of Mississippi, with MPC being represented by Balch and Bingham LLP. Bitcoin Miners Lawsuit. GAW has already ceased bitcoin miners operations....
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers. Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST).A group of investors filed a class-action lawsuit in the Northern District of California on Monday, alleging that Binance sold unregistered securities in the form of LUNA and UST to investors and mislead them into buying them.The lawsuit was filed by law firms Roche Freedman and Dontzin Nagy & Fleissig on behalf of....