{"id":1201,"date":"2018-03-22T11:34:31","date_gmt":"2018-03-22T15:34:31","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/?p=1201"},"modified":"2026-01-07T10:01:51","modified_gmt":"2026-01-07T10:01:51","slug":"silver-miller-files-lawsuit-cryptocurrency-mining-company-giga-watt","status":"publish","type":"news_posts","link":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/silver-miller-files-lawsuit-cryptocurrency-mining-company-giga-watt\/","title":{"rendered":"Silver Miller Files Lawsuit Against Cryptocurrency Mining Company Giga Watt"},"content":{"rendered":"<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1\">\n<p>Silver Miller (<a class=\"linkOnClick\" href=\"https:\/\/www.silvermillerlaw.com\/\" target=\"_blank\" rel=\"nofollow noopener\" data-include=\"300618248\">www.SilverMillerLaw.com<\/a>) has commenced a new federal court lawsuit on behalf of an investor in the 2017 pre-functional Initial Coin Offering (ICO) promulgated by\u00a0<span class=\"xn-location\">Washington<\/span>-based cryptocurrency mining company\u00a0<span class=\"xn-person\">Giga Watt<\/span>, alleging that\u00a0<span class=\"xn-person\">Giga Watt<\/span>\u00a0violated securities laws by selling investments in its cryptocurrency mining farm without registering those investments with the necessary regulatory entities.\u00a0 Moreover, the lawsuit alleges that as\u00a0<span class=\"xn-person\">Giga Watt<\/span>\u00a0failed to timely issue its cryptocurrency tokens and provide the plaintiff the benefit for which he paid, the plaintiff suffered financial loss in excess of a million dollars.\u00a0 The lawsuit, styled\u00a0<i>Moss v.\u00a0<span class=\"xn-person\">Giga Watt<\/span><\/i>, U.S. Dist. Ct. &#8211; E.D. Wash. &#8211; Case No. 2:18-cv-00100, pleads that the Court rescind the plaintiff&#8217;s investments in\u00a0Giga Watt; return to him his cryptocurrency; and impose a constructive trust over the funds and assets collected by\u00a0<span class=\"xn-person\">Giga Watt<\/span>\u00a0that were invested by the plaintiff and other investors. \u00a0<b>Anyone who invested in\u00a0<span class=\"xn-person\">Giga Watt\u00a0<\/span>and did not receive all of the benefits they were promised should contact Silver Miller immediately to discuss their legal options.<\/b>In recent months, it has become apparent that government officials will no longer tolerate unregistered ICO fundraisers like\u00a0<span class=\"xn-person\">Giga Watt&#8217;s<\/span>\u00a0because such crowdfunded events lack the protective measures needed to prevent widespread fraud upon the investing public.\u00a0 Following a path Silver Miller has blazed for several years, lawmakers around the country are increasing their scrutiny of past, present, and future actions in the cryptocurrency industry to shield investors from fraud or empty promises of wealth that enrich no one but the company making those hollow promises.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1\">\n<p>Silver Miller &#8212; the leading cryptocurrency investor law firm in America &#8212; continues to be a strong advocate for aggrieved cryptocurrency investors harmed by the misrepresentations and illegal actions of digital asset exchanges, trading platforms, and ICO promoters.\u00a0 With actions pending against the <b>Kraken<\/b>,\u00a0<b>BitConnect<\/b>, and\u00a0<b>Cryptsy<\/b>\u00a0exchanges as well as lawsuits against pre-functional token ICO promoters\u00a0<b>Tezos<\/b>\u00a0and\u00a0<b>Monkey Capital<\/b>, Silver Miller is at the forefront of cryptocurrency litigation and fights to protect investors where government regulators have not yet tread.<\/p>\n<p>For more information about the lawsuit &#8212; or if you are a\u00a0<span class=\"xn-person\">Giga Watt<\/span>\u00a0investor concerned about your investment &#8212; please contact\u00a0<span class=\"xn-person\">David C. Silver<\/span>, Silver Miller &#8211; Managing Partner at (954) 516-6000 or\u00a0<a class=\"linkOnClick\" href=\"mailto:DSilver@SilverMillerLaw.com\" target=\"_blank\" rel=\"nofollow noopener\" data-include=\"300618248\">DSilver@SilverMillerLaw.com<\/a>.<\/p>\n<\/div>\n<\/div>\n","protected":false},"featured_media":1825,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news_categories":[10],"class_list":["post-1201","news_posts","type-news_posts","status-publish","has-post-thumbnail","hentry","news_categories-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Silver Miller Files Lawsuit Against Cryptocurrency Mining Company Giga Watt - SilverMillerLaw.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/silver-miller-files-lawsuit-cryptocurrency-mining-company-giga-watt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Silver Miller Files Lawsuit Against Cryptocurrency Mining Company Giga Watt - 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