Not very clever. That's how wire fraud works.
If they took money to build a 20nm mining machine from Americans, and don't deliver because they spent it on something else, expect to be extradited by the FBI shortly! Hopefully they will have something by the end Q2 2014 or they buy a nice house in Russia/South America.
yeah...but you notice the above applied to Butterfly labs when the federal trade commission types I and others contacted about not getting equip from BFL the response was "what are you talking about ...you got the equip in 11 months etc"
ie the laws say one thing but 'regulators' like cop's do the enforcement...this was true up and down the line from paypal exec committee to BBB (although they have no power)
so.....
same would apply here in the usa if what you say is true above
although I did hear that some people in the EU got $$$ back but not in the states
so I assume if KNC shows they can deliver 'equiv' hash rate in their Q1/Q2 timeline...their a*ss is covered assuming your scam accusations like bfl does are correct
my 2c worth
Searing