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A former GAW Miners staff member, Eric Capuano has claimed that the $8m worth of investment in the cloud mining firm ZenMiner, announced by the company did not take place.
Although the rumors that the ZenMiner deal never occurred have been making rounds for quite some time now, this is the first time that a former GAW Miners employee has said that the investment deal was a fabrication.
"The '$8m deal for the purchase of ZenMiner' that allegedly occurred between myself and Josh was a total lie. I've never owned any of the many companies operated by Josh", Capuano said in a note. "It is our practice to accurately value assets and equity in the event of a corporate transfer or purchase. As a general rule as practiced by most privately-held companies, GAW does not disclose its equity structure or the details of transactions to the general public or staff, nor is the company required to. It's unfortunate this misunderstanding took place."
