GAW Miners and ZenMiner agreed to pay $3.5 million to resolve a class action lawsuit claiming they misled investors about profits from their crypto mining operations.
According to the class action lawsuit, GAW Miners and ZenMiner claimed their cryptocurrency mining operations would yield significant profits for investors. In reality, investors allegedly received far smaller returns than they were owed.
GAW Miners and ZenMiner are cryptocurrency mining companies. The companies’ founder, Homero Joshua Garza, was sent to prison for his role in an alleged cryptocurrency Ponzi scheme.
The cryptocurrency companies haven’t admitted any wrongdoing but agreed to a $3.5 million class action settlement to resolve these allegations.
GAW Miners, ZenMiner Cryptocurrency Class Action Lawsuit
- Who’s Eligible:
- Individuals who purchased Hashlets, Hashpoints, HashStakers or Paycoin from GAW Miners LLC and/or ZenMiner LLC or who acquired the cryptocurrency by converting, upgrading or exchanging other products from GAW Miners LLC and/or ZenMiner LLC between Aug. 1, 2014, and Jan. 19, 2015.
- Estimated Amount: Varies
- Proof of Purchase: N/A
- Claim Form Deadline: 07/14/2023
- Case Name & Number:
- Audet, et al. v. Fraser, et al., Case No. 3:16- cv-00940, in the U.S. District Court for the District of Connecticut.
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
Bottom Line
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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