Tag: PayCoin

Blockchain news

Cheating at $19 millions. The fraudster is in the US prison

Connecticut, USA: For defrauding investors, ex-director of GAW Miners Homero Joshua Garza, was sentenced to imprisonment for 21 months. The prisoner pleaded his guilty to the fraud which is associated with the release of PayCoin (XPY) cryptocurrency. Initially, the defendant was facing at 20 years of imprisonment, however, Garza’s lawyers agreed with the court. At the same time, the fraudster will have to spend 3 years more under house arrest after the imprisonment. GAW Miners and associated with it ZenMiner are accused of deceiving investors since 2015. Acting under the name of the companies which were engaged in the mining

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