{"id":1234,"date":"2018-03-22T16:47:46","date_gmt":"2018-03-22T16:47:46","guid":{"rendered":"https:\/\/www.silvermillerlaw.com\/?p=1234"},"modified":"2024-09-30T11:50:11","modified_gmt":"2024-09-30T11:50:11","slug":"lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt","status":"publish","type":"news_posts","link":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/","title":{"rendered":"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt"},"content":{"rendered":"

Silver Miller, the law firm behind the pending BitConnect class action complaint, is now taking on the digital currency mining company Giga Watt. The firm\u2019s new lawsuit is commencing on behalf of an investor in the organization\u2019s 2017 Initial Coin Offering (ICO), alleging over a million dollars in loss.<\/p>\n

According to a\u00a0press release<\/a><\/strong>\u00a0that Silver Miller provided today,\u00a0Moss v. Giga Watt<\/i>\u00a0will be brought to a United States district court, and will occur alongside the law firm\u2019s currently pending action against BitConnect.<\/p>\n

THE CASE AGAINST GIGA WATT<\/b><\/h2>\n

According to the firm, Giga Watt was in violation of local laws during its ICO.<\/p>\n

\u201cGiga Watt violated securities laws by selling investments in its cryptocurrency mining farm without registering those investments with the necessary regulatory entities,\u201d the release stated.<\/p>\n

Further, the suit claims that Giga Watt \u201cfailed to timely issue\u201d the digital currency tokens that the defendant purchased during the ICO. As a result, it alleges that the plaintiff was robbed of the tokens he purchased, and incurred a loss \u201cin excess of a million dollars.\u201d<\/p>\n

\u201cIn recent months, it has become apparent that government officials will no longer tolerate unregistered ICO fundraisers like Giga Watt\u2019s because such crowdfunded events lack the protective measures needed to prevent widespread fraud upon the investing public,\u201d added the law firm.<\/p>\n

The lawsuit seeks retribution to the amount that the plaintiff invested in Giga Watt, hoping to return his assets. Further, it pleads that the courts \u201cimpose a constructive trust over the funds and assets collected by Giga Watt that were invested by the plaintiff and other investors.\u201d<\/p>\n

SILVER MILLER ATTEMPTS TO BRING DIGITAL CURRENCY ACCOUNTABILITY<\/b><\/h2>\n

With this lawsuit, it appears that Silver Miller is attempting to serve the community, as many of its currently pending cases involve digital currencies.<\/p>\n

Perhaps its most notable case amongst the community is the firm\u2019s actions against\u00a0BitConnect<\/a><\/strong>. On behalf of investors, Silver Miller\u2019s class action complaint against BitConnect is hoping to retrieve hundreds of thousands of dollars for investors, alleging that the company was running a Ponzi scheme.<\/p>\n

Currently, the firm states that it has various pending actions against Kraken, and Cryptsy as well as \u201cpre-functional token ICO promoters\u201d Monkey Capital and Tezos.<\/p>\n

With its action against Giga Watt now pending, Silver Miller is inviting concerned investors and potential participants to\u00a0contact<\/a><\/strong>\u00a0David C. Silver via email or over the phone.<\/p>\n","protected":false},"featured_media":1833,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news_categories":[10],"class_list":["post-1234","news_posts","type-news_posts","status-publish","has-post-thumbnail","hentry","news_categories-uncategorized"],"acf":[],"yoast_head":"\nLawyers Behind BitConnect Class Action File Lawsuit Against 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\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt - SilverMillerLaw.com\" \/>\n<meta property=\"og:description\" content=\"Silver Miller, the law firm behind the pending BitConnect class action complaint, is now taking on the digital currency mining company Giga Watt. The firm\u2019s new lawsuit is commencing on behalf of an investor in the organization\u2019s 2017 Initial Coin Offering (ICO), alleging over a million dollars in loss.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/\" \/>\n<meta property=\"og:site_name\" content=\"SilverMillerLaw.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/silvermillerlaw\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-30T11:50:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"896\" \/>\n\t<meta property=\"og:image:height\" content=\"597\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@dcsilver\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/\",\"url\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/\",\"name\":\"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt - SilverMillerLaw.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp\",\"datePublished\":\"2018-03-22T16:47:46+00:00\",\"dateModified\":\"2024-09-30T11:50:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#primaryimage\",\"url\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp\",\"contentUrl\":\"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp\",\"width\":896,\"height\":597,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.silvermillerlaw.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.silvermillerlaw.com\/#website\",\"url\":\"https:\/\/www.silvermillerlaw.com\/\",\"name\":\"SilverMillerLaw.com\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.silvermillerlaw.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt - SilverMillerLaw.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/","og_locale":"en_US","og_type":"article","og_title":"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt - SilverMillerLaw.com","og_description":"Silver Miller, the law firm behind the pending BitConnect class action complaint, is now taking on the digital currency mining company Giga Watt. The firm\u2019s new lawsuit is commencing on behalf of an investor in the organization\u2019s 2017 Initial Coin Offering (ICO), alleging over a million dollars in loss.","og_url":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/","og_site_name":"SilverMillerLaw.com","article_publisher":"https:\/\/www.facebook.com\/silvermillerlaw\/","article_modified_time":"2024-09-30T11:50:11+00:00","og_image":[{"width":896,"height":597,"url":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp","type":"image\/webp"}],"twitter_card":"summary_large_image","twitter_site":"@dcsilver","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/","url":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/","name":"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt - SilverMillerLaw.com","isPartOf":{"@id":"https:\/\/www.silvermillerlaw.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#primaryimage"},"image":{"@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#primaryimage"},"thumbnailUrl":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp","datePublished":"2018-03-22T16:47:46+00:00","dateModified":"2024-09-30T11:50:11+00:00","breadcrumb":{"@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#primaryimage","url":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp","contentUrl":"https:\/\/www.silvermillerlaw.com\/wp-content\/uploads\/2018\/03\/bitcoin.webp","width":896,"height":597,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/www.silvermillerlaw.com\/press\/in-the-news\/lawyers-behind-bitconnect-class-action-file-lawsuit-giga-watt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.silvermillerlaw.com\/"},{"@type":"ListItem","position":2,"name":"Lawyers Behind BitConnect Class Action File Lawsuit Against Giga Watt"}]},{"@type":"WebSite","@id":"https:\/\/www.silvermillerlaw.com\/#website","url":"https:\/\/www.silvermillerlaw.com\/","name":"SilverMillerLaw.com","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.silvermillerlaw.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/news_posts\/1234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/news_posts"}],"about":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/types\/news_posts"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/media\/1833"}],"wp:attachment":[{"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/media?parent=1234"}],"wp:term":[{"taxonomy":"news_categories","embeddable":true,"href":"https:\/\/www.silvermillerlaw.com\/wp-json\/wp\/v2\/news_categories?post=1234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}