Topic: Butterfly Labs shut down by the US government. (Read 3020 times)
Isn't this the Company that bought out the site which had negative reviews written about it?
The Bitcoin mining industry has flourished with the price rise seen in cryptocurrencies particularly Bitcoin. Butterfly labs has been a long running and very established company that had been running a business selling a huge variety of Bitcoin mining hardware with a price range of $150 to $30k and over. However recent events have suggested that Butterfly labs has been a fraudulent company ripping off thousands of customers of over $30 million.
source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government
I read one article that mentioned BFL's response that said something along the lines that BFL has shipped $30 million in miners and has processed refunds amounting to $15+ million. I would say that there is a serious problem with any company that is refunding 50%+ of what they are actually selling source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government
The Bitcoin mining industry has flourished with the price rise seen in cryptocurrencies particularly Bitcoin. Butterfly labs has been a long running and very established company that had been running a business selling a huge variety of Bitcoin mining hardware with a price range of $150 to $30k and over. However recent events have suggested that Butterfly labs has been a fraudulent company ripping off thousands of customers of over $30 million.
source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government
source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government
$30 million! scam, scam everywhere!
It should be shut down earlier. This applies to other companies.
The Bitcoin mining industry has flourished with the price rise seen in cryptocurrencies particularly Bitcoin. Butterfly labs has been a long running and very established company that had been running a business selling a huge variety of Bitcoin mining hardware with a price range of $150 to $30k and over. However recent events have suggested that Butterfly labs has been a fraudulent company ripping off thousands of customers of over $30 million.
source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government
source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government
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