SEC Wins GAW Miners’ Bitcoin Ponzi Legal Case, Continues Litigation Against Garza

in #bitcoin8 years ago

This announcement came on the same day that the Supreme Court made a ruling regarding lower courts and disgorgements, saying that such tactics must be used by SEC within a five yeark statute of limitations. The rule does not affect the case of Garza, but makes it more pertinent to seek prosecution of scammers as soon as possible in the US, because just recompense is the primary goal when going after them, and now the ability of the government to mete out such repayments is going to be limited moving forward.

https://www.cryptocoinsnews.com/sec-on-garza-gaw-and-zenminers-litigation-to-continues/

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