https://www.coindesk.com/gaw-miners-ceo-held-liable-9-8-million-judgment-sec-case/Ok so I am pretty new to mining and crypto (about 1 month) but I'm in all they way. I research and trade about 2 to 4 hours a day... I'm addicted.
But I almost feel for a cloudbased mining company.
https://sun-mining.com/en/prices?gclid=Cj0KCQjwsNfOBRCWARIsAGITapaYROHP57crsDKbyvMJmIUC1mwNQiFxqd0V1AlxLGT23QOuyTOQEdYaAkFgEALw_wcBMy thought was Gensis minning with free electricity. It makes total sense.
Then I found an article showing the address for sun mining is in a tall building with offer of virtual offices. Sun mining doesn't even give a suit number just the address of a skyscrapper.
Sun Minning also states on the site the location of their solar panels and mining equipment is Secret secret.. lol
Their facebook page has a few posts and the first posts are in russian... I could have kept digging but I think I saw enough. I will pass. lol
But today I read GAW was doing what I believe 90% of cloud miners are doing. Selling more than they have... and the $11 mil fines and then I believe criminal charges are to come... well this is fair. You scam people there is a price to pay. But what if this company was in UK or some other country?
Or what about
Borgartuni 27
105 Reykjavik
Iceland
LOL, I actually feel Gensis mining is ligit but WHAT if...? Burrnie Maddoff was legit but scammed $65 billion..
