Topic: BFL MiniRig Line:Concerned (Read 7037 times)

I know bitching to the FTC can yield results.  There's no harm in trying it.

Do have any sources for this info? I would be most interested.

The filing of FTC complaints has coincided with refunds awarded. We cannot know exactly what made BFL cave in, but people have received BTC refunds. It costs you nothing to fill out an online form, but it may yield results. Perhaps BFL is just refusing to refund orders it knows are from people who won't put up a fight

In any case, the FTC would advocate for you directly with BFL before it began any sort of investigation. If you get your refund, case closed.

The regulators and law enforcement agencies have to make a conscious decision to pursue a matter of this type (which is why more complaints = more likely they will spend resources to investigate).  Even if they know about it (which they clearly do at this point) they may decide (for any number of reasons) not to pursue it.  With that said IF they do decide to "go after" BFL it will be methodical, slow and fact based.  They will take there time and build a rock solid case (remember a win is all that matters to these folks and their careers, not the consumers best interest).  Lastly there is a very real possibility that the AG may be diving much deeper than say UCC laws, FTC regulations.  If they are investigating BFL and Sonny they may be looking for other violations.  There as so many laws on the books that they may be looking at other avenues to pursue as well.  IANAL and I don't have specifics in mind but it's not hard to believe they may be looking at mail fraud, wire fraud, false advertising tax evasion and the list goes on for a long time.

Just because law enforcement hasn't taken action yet doesn't mean they aren't and won't however you and I won't hear about it until well after BFL does!  They will not tip their hand and they have all the time in the world so to speak.

How long did it take from Pirate disappearing until the SEC went balls deep recently?

Agreed. Given the failures they should give refunds when requested.

Not heard anyone getting relief from FTC or AG at this time. Although I am not sure there has been an "avalanche" of claims filed. More in the pipeline could move it along faster no?

Unfortunately considering the lack of positive news on peoples refunds, I have not gone down that route.  My time is worth much more than calling BFL daily for nothing.

If some success actually happens in the community then my priorities will obviously change.

EDIT: No one should have to be in the position I am in right now.

7 months later and they're still months from being able to ship your order. I would be on the phone with them demanding a refund every single day, several times a day.

I was waiting on hearing that the FTC or AG had done anything for anyone so far considering the numbers of pissed off customers.  That avenue has turned up a big nada currently. 
Have you heard anyone have any success with a refund from BFL that was not related to paypal or CC?

Have you contacted the FTC and Kansas AG? The FTC will go to bat for you to get a refund.

Unfortunately it is a Feb minirig so no small claims.

If it isn't a mini-rig, go to small claims court.

Aye.

Both I would say.  Lawyering up may just be throwing good money after bad.

Not trying hard enough... or... BFL won't give refunds even though they are in Violation of FTC regs?

Because you we can't get your our money back.

BitFury: 400 GH/s, 300 watts, $8000, shipping in under two months.
BFL: 500 GH/s, 2600 watts, $22484, shipping in over two months.

I can't imagine why anyone with a BFL minirig doesn't immediately cancel their order. BitFury is better in every way.

In ~ 20 days every single product left on BFL's back order will be officially NEGATIVE ROI.... @ this point you will see people getting onto jet planes & finally the shit will hit the fan...

I agree BuzzDave has passed the moral test & has gone to hell & back with bASIC...It  Is really good to see him land on his feet

BitFury miners are shipping NOW as promised by Buzzdave with zero lies or other BS. KnC and others will hopefully follow this trend.

There is no need to support this sad joke of a company any longer. If we would stop sending them money for bullshit "Pre-orders" they would go away.