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Two Bitcoin Mining Firms Slammed with $10M Penalty for Ponzi Scheme
By David Bisson on Tue, 06/06/2017
Two Bitcoin mining companies have received orders to each pay a $10 million penalty for conducting a Ponzi scheme orchestrated by their principal. On 2 June 2017, the U.S. District Court for the District of Connecticut issued its judgment against two Connecticut-based companies, GAW Miners, LLC and ZenMiner, LLC, that cooperated with their principal...