ICO & Crypto News #6 - 05 January 2018 [Giga Watt]

in news •  7 years ago 

Investors filed a class action lawsuit against the mining project Giga Watt


58cfc723-7f19-4e59-aa35-6e092a8661f1.jpg

A United States District Court in East Washington filed a class action lawsuit against investors of GigaWatt project, which positioned itself as "the world's first full-service provider".

In the summer of 2017, they invested $ 20 million in cryptocurrencies in the project, but still have not received Giga Watt tokens, and the company itself did nothing to provide equipment for mining. The timing of the launch of the project is constantly postponed. Investors at the same time lost the opportunity to earn on the embedded cryptocurrency, which during this time has grown very much in price.

The founder of GigaWatt is Dave Carlson, who previously ran a mining project Megabigpower, which collapsed in 2014 due to unscrupulous partners.


show and go right.gif


THANK YOU


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

You got a 0.41% upvote from @postpromoter courtesy of @cryptogecko!