Josh Garza who purchased BTC.com for $1million in August of 2014 was charged with fraud and running a ponzi scheme.
http://morganlinton.com/buyer-of-btc-com-for-1million-charged-with-operating-a-ponzi-scheme/
The SEC said that Garza and GAW earned roughly $19 million in revenue from the scheme, which evolved from hardware hosting to cloud mining to the eventual launch of an alternative cryptocurrency and has as many as 10,000 customers and investors.
According to the SEC, Garza and GAW Miners knowingly misrepresented the nature of Hashlets, their proclaimed profitability and the manner in which mining income was sourced.
http://morganlinton.com/buyer-of-btc-com-for-1million-charged-with-operating-a-ponzi-scheme/