Garza Pleads Guilty: GAW Miners CEO Cops to $9 Million Fraud – CoinDesk

Controversial cryptocurrency executive Josh Garza has plead guilty to one count of wire fraud.

As reported by CoinDesk earlier this week, Garza was rumored to have been preparing the plea, one for charges that stem from his operation of four cryptocurrency companies, GAW, GAW Miners, ZenMiner and ZenCloud, all of which were long suspected of fraudulent activities.

In total, the loss attributed to Garza’s fraud was estimated at $9,182,000. He is now set to be sentenced on October 12, at which time he will face up to 20 years in prison.

More at: Garza Pleads Guilty: GAW Miners CEO Cops to $9 Million Fraud – CoinDesk

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