Topic: Butterfly Labs (BFL) raided today by U.S. Marshalls 9/19/14 (Read 20394 times)

I'm sorry to say, but it seems reasonable.

And if you made that second order for 2 monarch after what they did to you, you can't blame them.

It all just goes to prove once again that in a gold rush, it's the company that sells the shovels that has the most success.

Of course, if that company stacks the deck, by going into the mines and digging up all the gold before selling you those shovels, then the miners never have a chance.

 Bitcoin is a bubble, a high risk "investment". You never rely your life to a high risk investment. NEVER.

Bitcoin world is full of scammers and speculators. You seems to be a good person and you came into a "dark" world , full of "sharks" to make an honest business.
Well, here it's not like in real life. Unfortunately, you had to lose some money to learn that.

I recommend you to take a normal job and to rebuild your life.

I know it's not easy but I am pretty be sure that you can do that. You will forget about Bitcoin shit in one year....

Also, if you want to make a good thing, tell to others about that. Tell them to stay away of this "world" if they want to make an honest business. Bitcoin is not made for that.

You still have 16 BTC, more then I ever had... Sad to read though, never put all your eggs in one basket, crypto is so new and way ahead of it's time, that it could go eatherway. Sadly, the moment banks will launch the new global world order crypto, all sheeps will get into it, because corporations are much better...

Yes it's very sad, I have been mining bitcoin since January 2013 with GPUs when they were trading @ $14 each & saving all of them I managed to save 100BTC. My extra bitcoin hobby earned me $10,000 it was amazing when the price hit $100/each. I'm not rich that was all my BTC + I went into a little debt to get 2 monarch. I thought it was the next best thing but instead It pretty much ruined my life. I was going to rely on the mining to live, I put everything I had into it. BFL held my bitcoins over a year as I watched the price soar over 1k and back down to $500. Meanwhile I started struggling to pay my way, I was left with nothing. It was tragic turning 30 when I lost my house on my birthday and had to move back in with my parents (lucky I have nice parents who were willing to take me back in or I would be homeless now). Life has never been the same after BFL, my outlook on life changed from happy go lucky to always depressed, I lost my job, sold most my possessions, basically the world has literally crumbled down around me. At this point I was pretty much losing my will to live. I had to rely on family & credit cards to buy groceries, pay bills, & buy back into bitcoin. I know I'm the idiot for buying stupid shit but I decided to save my 16BTC BFL refunded me... so now with the sinking BTC price lately I have lost even more money. I now have almost 30k in debts to pay off. Life becomes more of a hopeless struggle day after day. Hopefully BTC recovers soon   thx BFL...

This BFL scam thing has been going on since like 2013, so if you invested still without hearing multiple thread warnings in the scam accusation and other areas plus service thread then thats unfortunate.

But 79 btc.. that shit makes me cry.

Sorry, but many people already told you that you didn't have chance there. You can blame BFL for many things, but not for unfavorable fluctuations in the BTC/$ exchange rate.

If you paid for your order in yen and the yen appreciated 20% against the dollar in the interim, you'd still get the same dollar amount refunded, but that would be 20% less in the yen equivalent.

I got my email reply from [email protected] it only took them "Two weeks" to tell me they are keeping 5/6 of my bitcoins.

Bye Bye 79.5BTC & oh ya... fuck you BFL! I really hope to meet Josh one day so I can thank him for the fraud.  

It seems that their laywers are really good, slimy folks.... So I will be surprised if he does time, maybe a big fine as maximum, you must remember, he IS white and only disadvantaged a small portion of people in America, so my guess is he will walk...

Why isn't Josh behind bars too?

I still dont get why the owner of mt.gox isnt behind bars or serving time.. is japans law really that different?

As for the BFL situation, they really need to fine Josh already and take everything they havent.

and in case of MtGox we have news! 1st of the year for a major Japanese newspaper that claims of 99% Missing Mt Gox Bitcoins Likely an Inside Job, Say Japanese Police.....
more news will come on 3rd of Janunary...in 2 days....

let's see what will happen... it seems to me that M.K. will have to give everything back within weeks if is the brain of this job....
and his masterplan has failed to take our btc and run away..

Yeah, but because of that we got like new comers like GAWminers who doing a similar setup.

And now its like all these cloud service sites popping like with free stupid giveaways.

finally some progress on this BFL scandal. A raid is something, better then nothing.. here.

Now whats with the status on the court process with FTC.

i dont think you`ll get your full btc refund, just because the way you paid in btc.

but hopefully these guys will finally come to an end after this raid.

So are the victims getting anything out of this? I feel like the raid is great, but should of done long time ago.. back in 2013.

MtGox.com and Butterflylabs.com are two cases we have to leave behind in the bitcoin community but must take back our BTC in order to do that and of course this goes more on case 1.....

Yep, that's the jist of it. They amassed personal wealth at the expense of others and the American legal system protects them. Ain't America grand? I don't see any difference between this business and HSBC. They're just another collection of assholes manipulating a corrupt and broken legal system.

I really wouldn't get tired of punching josh's stupid ugly face

they took our bitcoins mine for themselves and after the units were useless they send to us....

they have to shut down and every person that is involved there has to be monitored if he tries to open a new firm etc.....