Josh Garza and Andrew Vegetabile Set to Duke it Out
Following ShapeShift's ceased relationship with PayCoin, creator Josh Garza is challenging the associate director of Litecoin Andrew Vegetabile to a public debate, regarding the growing controversy around PayCoin and its history of "broken promises." Garza started the spark earlier this week by announcing: "I challenge Andrew to an open public debate in person online any time to discuss how this kind of action is bad for our industry and all the coins out there. If he asked the Litecoin community as a whole and had a vote, would the Litecoin users want a new place to use their coins and....
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Paycoin has to be one of the most controversial cryptocurrencies in the industry to date, filled with promises that never saw the light of day, allegations and revelations that are still unfolding; it has left a sour taste in the mouth of many involved in the crypto sphere. Mr. Vegetabile who is one of the five directors of the Litecoin Association has been very vocal independently from the Association of Josh Garza, GAW, Coin-Swap and Paycoin in the past, which resulted with Mr. Garza last January calling Andrew out for a public debate which has yet to happen due to Josh looking to change....
In a statement released to CCN and a few other outlets this morning, which is available in full below, Litecoin Association Director Andrew Vegetabile urges the Paycoin community to "put their foot down" in regards to the actions of Homero Josh Garza, the owner of GAW miners. Garza is the CEO of the widely-defamed "Geniuses at Work" corporation whose antics have earned him and his company a less than favorable reputation in the cryptocurrency world. You may remember that Vegetabile has previously demanded that Litecoin be delisted from the exchange Garza purchased, Coin-Swap, and taken....
In response to the recent controversy and Litecoin asking to be delisted from Coin-Swap, GAW Miners CEO Josh Garza has challenged Litecoin Association director Andrew Vegetabile to an open, public debate. In short, after GAW Miners acquired Coin-Swap cryptocurrency exchange, Andrew quickly asked for Litecoin to be delisted due to his personal ethical concerns. After hearing about the request, Garza took an emotional stance in response. In an interview with CCN writer Scott Fargo, he explained that he felt Andrew's request looked bad on all cryptocurrencies as a whole: "The worst part is....
The Bitcoin domain BTC.com was purchased by Josh Garza of GAWMiners for a whopping 1.1 million US dollars. As larger players and investors come into the Bitcoin and cryptocurrency world, more money is being invested in properties and businesses. BTC.com was available on the market for a couple of weeks, even CCN was contacted for the possibility of buying the domain. And now it turns out that Josh Garza was the lucky one to acquire it. Josh Garza woke me up at 2:30 am today with this message: Josh Garza. To: Scott Fargo. Date: August 4, 2014, 2:32 AM. So you wanted some news? I just bought....
This article has been updated with comment from Josh Garza's lawyer, Marjorie Peerce. The US Securities and Exchange Commission has charged former GAW Miners CEO Josh Garza with the fraudulent sale of unlicensed securities and the operation of a Ponzi scheme. The complaint, filed today in the US District Court for the District of Connecticut, focuses largely on the sale of Hashlets, the "virtual miners" sold by GAW Miners through its cloud mining site, ZenCloud. The SEC said that Garza and GAW earned roughly $19 million in revenue from the scheme, which evolved from hardware hosting to....