Drama unfolds in GAW saga, Coin Fire Says It Got Cease and Desist notice

Coin Fire, a cryptocurrency news site, has been apparently served with a Cease and Desist order from lawyers representing GAW

Coin Fire, a cryptocurrency news site, has been apparently served with a Cease and Desist order from lawyers representing GAW over negative commentary on the company.

A November 22 article accused GAW of lying about partnerships with major retailers for its Paycoin. The article is part of a broader uprising alleging GAW is a fraudulent company.

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The Cease and Desist notice came from Brian Klein, an attorney with Los Angeles-based Baker Marquart LLP. According to his profile page, Klein chairs the Bitcoin Foundation’s legal advocacy committee. He also represented Erik Voorhees, charged by the Securities and Exchange Commission (SEC) for offering shares in two bitcoin-related websites without registration.

In the letter, Klein says the article “contains grossly false and misleading information relating to GAW and exposes Coin Fire potentially to significant civil liability. In sum, GAW has not lied about partnerships. Coin Fire’s defamatory article has irreparably harmed GAW and will continue to cause GAW to incur damages until it is withdrawn and/or corrected.”

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Coin Fire had alleged that it reached out to GAW for comment prior to publishing its article but received no response. GAW says it was not contacted and is available to discuss with Coin Fire “the article’s numerous material inaccuracies.”

The letter gives Coin Fire until tomorrow, November 28, to notify GAW that they will speak with a GAW representative, and until Monday, December 1 to do so. Furthermore, “in the meantime, GAW demands that Coin Fire immediately cease and desist from disseminating such grossly false and misleading information by removing the article from its website.”

The letter ends by mentioning that GAW reserves all its rights, which include possible legal action.

Another link by Coin Fire shows what it says is an e-mail from CEO Josh Garza informing them that they will be served with this letter. The content hasn’t been verified for its authenticity. Garza apparently wrote, “My attorneys’ [sic] are confident that we have enough information to file suit against you. While I know you think you do not have a liability, no matter what it will be a lengthy and expensive process, regardless of who wins.”

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