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g999

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G999

G999 (also known as Gee Nein Nein Nein) a gold-backed cryptocurrency with a 999.9% 24 karat purity issued by The Gold Standard Bank and GSPartners.

G999 Project Information

Official name G999
Website https://g999main.net/
Launched 15 Oct 2020, Karatbars
Contributors Josip Heit, Alex Cocindau

Info

After splitting from Karatbars and his partner in Karatbars, Harald Seiz (who started a competing project V999), Josip Heit and Alexandru Cocindau started the G999 project on top of Gold Standard Bank. G999 seems to be a direct fork of PIVX, and much of its documentation seems to correlate to a previous project called BitcoinPOS.

G999 has its roots in Karatbars and is related to Karatbars, Freebay, GSB and V999

From its marketing material: G999 is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, a new generation of communication, and high transaction capacity.

People Involved

Regulator warnings

The New Zealand regulator, FMA issued a warning against Karatbars, FreeBay, G999 and related companies.

Government allegations of fraud

  • Texas described GSPartners as “various fraudulent investment schemes that are threatening immediate and irreparable harm” issued by the Texas State Securities Board (TSSB). 1)
  • Washington’s Department of Financial Institutions (DFI) described GSPartners’ MLM business as “fraudulent activity” 2)
g999.1703072328.txt.gz · Last modified: 2023/12/20 06:38 by tinydaguava