Forget about the btc vs USD refunds argument.
Hashfast couldn't even give out USD refunds so either way you were fucked.
The problem is that hashfast spent more than $10/gh producing hardware that every other company was able to produce for $0.5-1/gh.
Either they were mind bogglingly incompetent, they were scammed, or they are scammers. Take your pick.
I'd love to "forget about the btc vs USD refunds argument." I thought that discussion was concluded months ago, but some fucking idiots are still clinging to their debunked confirmation biases in favor of Free Windfall Pony and other fucking idiots like you still can't comprehend or wont accept that
Chapter 11 != scam no matter how many times it's explained.
It's funny you say "some fucking idiots" yet literally everyone agrees that you/hashfast are full of shit.
You're an idiot if you think chapter 11 automatically means it's not a scam. That would only make sense in icebreakers alternate universe where bankruptcy fraud never occurs, delays never happen, and the btc exchange rate is perfectly stable over long periods of time.
Have you ever heard of the phrase "adverse business conditions?" Adverse business conditions, not incompetence or scamming, are the most common cause of bankruptcy. In this case, the double whammy of skyrocketing difficulty and BTC valuation combined with a failed initial board design were sufficient to drain HF's limited resources.
Better question, do you understand the phrase "adverse business conditions"?
Acquiring millions of dollars in preorders is NOT adverse business conditions.
Designing a chip that is more GH/s per wafer than any other company at the time is NOT adverse business conditions.
A failed initial board design is in fact an adverse business condition but how could that possibly drain ALL of HF's resources? The only explanation I can think of would be an incompetent hardware designer who was being paid way too much to fail repeatedly. (maybe it was all part of his plan to drain HF's resources?)
Did you miss the hearing where the judge asked the US Attorney point blank for evidence of incompetence on the part of HF, and the US Attorney's silly arguments were literally laughed out of court? There is an mp3 available, so please review it and stop making yourself look like a fucking idiot by continuing to assert explicitly rejected claims.
Your opinions already had their day in court and went nowhere but straight into the trash can, because they are rubbish.
No I don't care enough about this case but I'd love to hear it. I'd just love to know that there was a place somewhere at some point in time where people didn't think Hashfast was full of shit.
To be honest I'd be impressed if Hashfast did manage to launder/tunnel the money successfully but I don't think they are competent enough. I think they probably got scammed somewhere along the line and lost millions in some absurd way.