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Crypto Buying And Selling

Homero Josh Garza, who founded the cryptocurrency startups GAW Miners and ZenMiner in 2014, acknowledged in a plea settlement that the companies have been part of a pyramid scheme, and pleaded guilty to wire fraud in 2015. The U.S. Securities and Exchange Commission separately brought a civil enforcement motion towards Garza, who was finally ordered to pay a judgment of $9.1 million plus $700 Crypto,000 in interest. The SEC's grievance acknowledged that Garza, via his firms, had fraudulently bought "funding contracts representing shares within the earnings they claimed could be generated" from mining. In February 2014 the world's largest bitcoin change, Mt. Gox, declared bankruptcy. According to PricewaterhouseCoopers, 4 of the 10 biggest proposed preliminary coin offerings have used Swit

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