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Topic: Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence - page 3. (Read 146792 times)

legendary
Activity: 2212
Merit: 1001
WOW  Shocked

Had a flashback read of this thread  Cheesy

PG was in his prime back in the day...............so sad  Cry
hero member
Activity: 924
Merit: 1000
Are people trying bump this thread?

Where?
sr. member
Activity: 476
Merit: 250
There are none so blind as those who refuse to see.

My $.02.

Wink
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
Well it does contain some useful information
legendary
Activity: 922
Merit: 1003
Why does someone always feel the need to resurrect this ridiculous thread? Let it necro already.
hero member
Activity: 560
Merit: 500
StayFocus and LIVE
Butterfly is in the lead! 

Vote for the least reliable company?

Cointerra  0 (0%)
Kncminer  4 (2.3%)
Hashfast  6 (3.4%)
butterfly labs  144 (82.3%)
Terrahash  10 (5.7%)
Avalon  11 (6.3%)
 
Please make your voice heard Here (Please vote Here):
https://bitcointalksearch.org/topic/m.3571715

Thanks Smiley
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Add breaking their own privacy policy, then lying about it, trying to intimidate outspoken former-customers and critics by releasing their private information without permission, to their growing list of transgressions.

Despicable.
sr. member
Activity: 435
Merit: 260
Hi,
I ordered a Single 50Ghs in April, paid with paypal
Still not shipped, I can try to ask for refund with Paypal? Or is it too late? I'm from UE
any chance of success now?
Thanks
hero member
Activity: 924
Merit: 1000


Time to edit this meme. October and still at least 6 months behind... ouch.
legendary
Activity: 1680
Merit: 1035
It's time to e-mail them and let them know their "check bounced." You may not get a reply right away, but from what I've seen, they do have the money. Maybe they got tired of their account diminishing at random times.

Also, I'm pretty sure everyone who ordered in June 2012 has received their orders a very long time ago.
legendary
Activity: 1458
Merit: 1006
I should have listened to this post before placing an order.  

Thanks for the acknowledgement. Smiley


If you're thinking of ordering from these people, trying calling them to see if you can get an actual person on the phone.  Then read a page or so from their forums.  Then if you still think they will deliver on time or provide any customer service, go ahead and order.

Don't say that.

Say instead: Don't order from (read: give money to) BFL, under any circumstance, not now, not ever.



Latest development:


I've been trying to help my friend through this process, and it has hit a problem I haven't seen before. Paypal sided with my friend and said that BFL needed to refund the money.

BFL has marked his order as cancelled in their system. Now Paypal tried to get the money back to send to my friend, but there was no money in the account they were drawing on.

This is the letter that Paypal sent to my friend.

Quote
Hello *** ******,

The refund sent by Sonny Vleisides ([email protected]) did not clear from the sender's bank. You have not received funds for this payment in your PayPal account.

Please contact Sonny Vleisides regarding this refund.




-----------------------------------
Refund details:
-----------------------------------


Amount: $****** USD
Sender: Sonny Vleisides
Sender's email: [email protected]
Transaction ID: ********
Transaction date: Oct 11, 2013

Anyone have any ideas on where to go from here? He kind of feel like this is like issuing a bad check and thinks that there might be some kind of attorney general he could go to.




Butterfly Labs Inc. have claimed that Sonny Vleisides role is that of "VP of Product Development".

I believe that claim to be false or at best misleading. Likely false in everything but name.

I believe Sonny Vleisides is still the acting day-to-day general manager, the head of operations, the decision man, the chief executive.

By any measure other than by title.

See, this trick of appointing "the cleaning lady", or, as the case may be, some person in another country,
to positions of responsibility perhaps in exchange for some disproportionate compensation,
for signing a couple of documents every once in a while, happens to be another red flag.
It's the kind of thing scammers tend to do, and honest people tend to don't.




This email, from Paypal, if accurate, seems to show that that claim is, indeed, false.

I.e. it shows that the claim that Sonny Vleisides is acting VP of Product Development, is materially false.

Which, you know, one could suspect, what with him having no relevant background in electrical engineering or computer science.

As opposed to "a colorful background in offshore libertarianism", to borrow the words of his accomplice Josh Zerlan aka. Inaba aka. BFL_Josh.

Which turns out to mean, in plain english, you tell people lies to get them to send you money, you defraud people with false promises of great wealth and riches.

I congratulate the perpetrators, and extend my condolences to the victims of this... artful operation.

Sonny Vleisides has pulled it off again.

I hope this thread saved someone.



PS:

To the people who paid about a million dollars (at todays valuation) for an ASIC minirig on the night of June 23 2012:

Please try to find out what happened to your money. What fraction was converted into cash. How much of it was retained in BTC.

Do it before they "run out of cash reserves" and shut down / file for bankruptcy / run for the hills, with your money.

Where is it today? How much can be recovered?

You've been swindled, you've been abused, you've been lied to repeatedly.

That just ain't right.

It's time to wake up, get angry and go to court.
newbie
Activity: 47
Merit: 0
I should have listened to this post before placing an order.  It's been almost 7 months since I ordered and paid for my miner and still nothing.  Even their own customer service's blog (BFL_Jody) is false.  They claim they have shipped ordered that they have not.

Now they have the audacity to ask for more money to upgrade to their newest miner.  I'm so done with this company and based on the response on their own forums, so are hundreds of other customers.  There is no SINGLE POSITIVE post that I came across in the customer service section.

If you're thinking of ordering from these people, trying calling them to see if you can get an actual person on the phone.  Then read a page or so from their forums.  Then if you still think they will deliver on time or provide any customer service, go ahead and order.
newbie
Activity: 9
Merit: 0
Despite their history, BFL has sold out on the first round of preorders for their 600 GH mining cards.
I do wonder who those people are and why, given BFL's history, they are willing to take that risk.

I think these are people who switched the old order in the queue to a 600 GH miner. This was an option from BFL for People in the order queue.
legendary
Activity: 1680
Merit: 1035
Despite their history, BFL has sold out on the first round of preorders for their 600 GH mining cards.
I do wonder who those people are and why, given BFL's history, they are willing to take that risk.

On the other hand, maybe the boys and girls at BFL have really learned their lessons about production and process and integrity.

The biggest cause of BFL delay was the ASIC chip manufacturing from China. The second biggest was assembly time required to put together boxes, circuit boards, fans, and power supplies. At this point, according to BFL sources (and the fact they were selling them directly), they can get all the ASIC chips they want, and have the production system running full speed. At the same time, putting those cards together just involves slapping a heatsink onto a circuit board. Way quicker and easier. So, maybe it won't be a problem or an issue anymore. Technically they aren't making a new product, just a new circuit board for something they already have (as opposed to when they started making FPGAs or ASICs from scratch).
sr. member
Activity: 335
Merit: 250
BFL won't fail.
Why won't it fail? Because the Bitcoin-verse is filled with people who have hope of making it rich overnight. BFL finally has delivered most of the Singles and Jalapenos and caught up with their backorder queue, people are still willing to accept being insulted by customer service as long as they get their miners.

Despite their history, BFL has sold out on the first round of preorders for their 600 GH mining cards.
I do wonder who those people are and why, given BFL's history, they are willing to take that risk.

On the other hand, maybe the boys and girls at BFL have really learned their lessons about production and process and integrity.


newbie
Activity: 7
Merit: 0
You know, I wouldn't even be that mad that BFL is a scam company if at least they were polite, but every exchange I've had with them has had the tone of "fuck you for bothering me, Customer, you don't deserve my time or assistance.  You shouldn't be asking questions, go check the blogs."

That's a really shitty way to run a company.  If the CEO is a crook, well, I imagine that if the world was fair many CEOs in the world would be convicted felons, but the guys who are interacting with customers have to treat them with respect.  BFL deserves to burn up and die as an entity, and it most likely will.
legendary
Activity: 1458
Merit: 1006
To whom it may concern:

Quote
ENTITY DETAIL
Name:   BF Labs Inc.   Status:   Active
Filing ID:   2011-000606261   Sub Status:   Current
Type:    Profit Corporation - Domestic   
Standing - Tax:   Delinquent

https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=149144214231010201167112190255028042109060235081

Quote
HISTORY ... 2013-001524987   Delinquency Notice - Tax   08/02/2013 ...
Don't worry. They'll pay in two to three weeks.

I'm guessing they just plain didn't file the paperwork.
hero member
Activity: 1162
Merit: 500
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
To whom it may concern:

Quote
ENTITY DETAIL
Name:   BF Labs Inc.   Status:   Active
Filing ID:   2011-000606261   Sub Status:   Current
Type:    Profit Corporation - Domestic   
Standing - Tax:   Delinquent

https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=149144214231010201167112190255028042109060235081

Quote
HISTORY ... 2013-001524987   Delinquency Notice - Tax   08/02/2013 ...
Don't worry. They'll pay in two to three weeks.
member
Activity: 68
Merit: 10
I'd like to know "where the fuck is the guy who has a paid lawyer"
If we dont have someone with money to hire a lawyer, Could we atleast fund a "lawyer pool" for some trusted forum member to use the pool fund to hire a lawyer to look meanly at BFL?

I'd throw in on this.
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