Gaw Miners Victims May See Restitution in the Near Future

[jamie.redman1]

The infamous Gaw Miners company and investor Stuart Fraser may see the courthouse soon in a civil lawsuit against the defunct operation. A U.S. judge from the state of Connecticut denied Fraser’s request to a default judgment and hearing extensions.

Gaw Miners was an organization that allegedly ran a mining operation and a cloud-based Ponzi that failed miserably in mid-2015. Gaw’s founder Homero Joshua Garza and associates like Stuart Fraser were under great scrutiny from the bitcoin community due to shady mining operations, the Zen miner program, the “Hashlet” packages, and the notorious digital currency Paycoin. In December of 2015, the U.S. Securities and Exchange Commission (SEC) indicted Gaw Miners and Garza for operating a Ponzi scheme.

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