GAW Miners, ZenMiner cryptocurrency $3.5M class action settlement 2023: Is It a Scam? Find Out!

Did you invest in GAW Miners and ZenMiner crypto mining operations? Did you receive a mail about a class action on the settlement  to resolve  a class action lawsuit claiming they misled investors about profits from their crypto mining operations? This review will help you partake in the class action settlement.

What Is GAW Miners, ZenMiner cryptocurrency $3.5M Class Action Settlement?

According to the class action lawsuit, GAW Miners and ZenMiner claimed their cryptocurrency mining operations would yield significant profits for investors. In reality, investors allegedly received far smaller returns than they were owed. The name of the case is Audet, et al. v. Fraser, et al., Case No. 3:16- cv-00940, in the U.S. District Court for the District of Connecticut.

What Is This Class Action All About?

The cryptocurrency companies haven’t admitted any wrongdoing but agreed to a $3.5 million class action settlement to resolve these allegations. 

Under the terms of the GAW Miners and ZenMiner settlement, class members can receive a proportional share of the net settlement fund based on the amount they paid for Hashlets, Hashpoints, HashStakers or Paycoin. Payments may be reduced based on any value received from selling these products. No payment estimates are available.

Who Is Eligible?

The settlement benefits individuals who purchased Hashlets, Hashpoints, HashStakers or Paycoin from GAW Miners LLC and/or ZenMiner LLC or who acquired the cryptocurrency by converting, upgrading or exchanging other products from GAW Miners LLC and/or ZenMiner LLC between Aug. 1, 2014, and Jan. 19, 2015.

How To Be Part of This Settlement

To receive settlement benefits, class members must submit a valid claim form by July 14, 2023. The deadline for objection is May 25, 2023. The exclusion deadline passed when the court certified the class action lawsuit. The name of the settlement is GAWMinersClassAction.com.

What Is The Pay For This Settlement?

The pay for this settlement varies and the proof of purchase is not necessary

Conclusion

As you submit your claim to the settlement website GAWMinersClassAction.com, just like Hinduja Global Solutions overtime class action settlement we have reviewed , you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. The final approval hearing for the GAW Miners and ZenMiner crypto class action lawsuit settlement is scheduled for June 30, 2023.

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