Share this article
Josh Garza's Sentencing Could Be Pushed Back to Next Year
Convicted cryptocurrency executive Josh Garza may see his sentencing for wire fraud postponed until next year, court records show.
By Wolfie Zhao
Updated Sep 13, 2021, 6:49 a.m. Published Aug 15, 2017, 11:00 a.m.
The sentencing deadline for convicted cryptocurrency executive Josh Garza, first scheduled for October, is likely to be pushed to January, court records show.
As previously reported, Garza, the man behind the suspected fraudulent operation of four cryptocurrency companies, pleaded guilty to one charge of wire fraud in July. With an estimated total loss of $9,182,000, he may serve a maximum 20-year jail sentence.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
But now, both the prosecutor and Garza are seeking to extend the deadline for as long as another half-year.
"The parties jointly request a continuance of the sentencing in this matter currently set for October 12, 2017. The parties make this request, in part, due to the various scheduling obligations of counsel in this matter. The parties respectfully request a continuance until January 2017," the file notes.
Garza previously pleaded guilty to charges that stem from his operation of GAW, GAW Miners, ZenMiner and ZenCloud. GAW's business went bankrupt in 2015, and is no longer operational.
Currently, another case against Garza, brought by the SEC for securities fraud, is still underway.
Josh Garza image via CoinDesk archives
Meer voor jou
Wat u moet weten:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Meer voor jou
DOT Sinks 2% After Breaking Key Support
The Polkadot token erased earlier gains amid elevated volume, falling from a high of $2.09 to $1.97.
Wat u moet weten:
- DOT collapsed through ascending trendline support around the $2.05 level on a massive 284% volume surge.
- The token broke decisively below the support level to trade 2% lower over the last 24 hours.
Top Stories
