Global Arena Holding Inc (GAHC)

[Houdini22]

This is as bad as it gets than I found a tweet from Spanos about CEO Mathews of GAHC

"nick spanos? @nickspanos Jan 6
More
Nice to have spoken to #GAHC CEO John Matthews a few days ago, haven't seen him in almost a year."


https://www.bizjournals.com/newyork/news/2015/03/19/bitcoin-center-nyc-bankruptcy-barely-dents.html


Spanos founder of NYC Bitcoin Center.

When the World Bitcoin Center opened the Bitcoin Center NYC office in the heart of Wall Street, it was seen as a symbolic coup for the young cryptocurrency, which had elbowed its way into the mainstream. How things have changed. But not, it would seem, because bitcoin's bottom fell out.

A dispute between the 40 Broadstreet landlord and World Bitcoin Association has led to multiple lawsuits, and a bankruptcy filing, according to a CoinDesk report yesterday. But the currency's march into the mainstream continues.

.MICHAEL DEL CASTILLO

From the report:

[The World Bitcoin Associtation] claimed between $100,000 and $500,000 in liabilities, and up to $50,000 in assets, according to court documents obtained by CoinDesk. The filing also states that the company expects to have enough funds to pay unsecured creditors, with a creditor meeting scheduled for 17th April. The legal situation involving the company may see further developments in the days ahead, as according to Bitcoin Center NYC co-founder Nick Spanos, the company is planning to file to have the bankruptcy petition dismissed. Spanos said that the Bitcoin Center NYC remains open despite the problems.
The WBA accused the landlord of failing to fix a water leak, resulting in $100,000 in damages and court fees, according to the report. The landlord successfully counter-sued in a different court and was given permission to evict the tenant, a decision that was later halted by an appellate court.

Bitcoin's price is down massively from its $1,200 peak, to $261 today. But that's hardly halted the cryptocurrency's adoption by mainstream techies and financiers. Yesterday, Pymnts reported that Intel had joined IBM in a race to build their own technology into bitcoin's ledger system, known as the blockchain. Earlier this month the person once called, "the most powerful woman on Wall Street," Blythe Masters, joined the newly launched bitcoin startup Digital Asset Holdings, based in New York City.

In February, Coinsetter launched Project Highline, to increase transparency in Wall Street trading using the blockchain. The month before, The New York Stock Exchange itself, just up the street from the Bitcoin Center NYC, joined in a $75 million investment in Coinbase, at the time, the largest bitcoin investment ever.

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Real DD needs to known about this company and the people running them.


$GAHC