The GawMiner scandal cost investors millions of dollars and GAW is currently under investigation by numerous agencies including the SEC. BadBitCoinOrg is a Twitter account and Blog that is supposed to research and report on good and bad crypto coin opportunities. The blog received a lot of scrutiny and criticism for it’s insistent devotion to GAW and its CEO Josh Garza despite evidence that it was a ponzi scheme.
BadBitCoinOrg urged people to invest money and buy the coin created by Garza called PayCoin even though the coin continued to lose value. And after the SEC investigation was announced BadBitCoinOrg still insisted PayCoin was a great investment.
Coinfire Blog was the first to break the news that GAW was going to be investigated by the SEC. Neal Rauhauser, who was writing for a competing blog called CryptoCoinsNews, publicly declared that Coinfire should be “sued to silence”.
Neal was fired for inciting retaliation-Coinfire staff received email threats (including one from Neal), death threats and, creepily bizarre, a package of dead rabbits. Coinfire also had its blog hijacked and Twitter account hacked.
What nobody was aware of at that time was that at the same time he was writing for CryptoCoinNews, Neal was also working for BadBitCoinOrg.
Below is BadBitCoinOrg as Colonel32. This was an alias used by BadBitCoinOrg to hide his identity so he could shill for Garza and GAWMiners.