January 23, 2020
A class of purported victims of a cryptocurrency mining Ponzi scheme asked a Connecticut federal judge not to take away its certification at the behest of a crypto investor facing secondary liability claims over the scheme.
June 24, 2019
A Connecticut federal judge certified a class of purported victims of a cryptocurrency mining Ponzi scheme in a case accusing Stuart Fraser, an investor in GAW Miners LLC and ZenMiner LLC, of defrauding thousands of customers.
January 23, 2019
A federal magistrate judge in Connecticut ruled Tuesday that because customers of GAW Miners LLC and ZenMiner LLC provided a federal investigator with notes related to their suit accusing the cryptocurrency mining companies and one of their minority investors of conducting a Ponzi scheme, those notes are fair game for the investor.
November 20, 2018
The last remaining defendant in a suit accusing GAW Miners LLC and ZenMiner LLC of defrauding thousands of customers nationwide through a Ponzi scheme involving the sale of "miners" of virtual currency has told a Connecticut federal judge the case is "riddled" with issues that preclude class certification.
September 13, 2018
Investors in cryptocurrency asked a Connecticut federal court on Thursday for class certification in their suit accusing GAW Miners LLC and ZenMiner LLC of defrauding thousands of customers nationwide through a Ponzi scheme involving the sale of "miners" of virtual currency.
June 16, 2016
A Cantor Fitzgerald LP vice chairman was a partner in a company that has been accused by the U.S. Securities and Exchange Commission with running a $19 million virtual currency Ponzi scheme, according to a putative class action suit filed in Connecticut federal court on Wednesday.