Bitcoin Forum

Bitcoin => Legal => Topic started by: zoman2000 on March 23, 2014, 07:11:40 PM

Title: File a lawsuit against BFL
Post by: zoman2000 on March 23, 2014, 07:11:40 PM

There is a Law firm investigating to file a suit against BFL.

Technically if you have ordered anything at first discount starting December 2013, and second discount starting January 2014 you have lost ~75% of the value per today. And in neither of the cases your order would qualify for an upgrade.

Check what that company says on their website:
http://www.woodlaw.com/cases/butterfly-labs-and-bf-labs-inc-bitcoin-miners

Looking for a firm willing to file a class action lawsuit. Please post any information here.

Title: Re: File a lawsuit against BFL
Post by: Bicknellski on April 09, 2014, 08:24:13 AM

http://www.coindesk.com/butterfly-labs-faces-class-action-suit-pre-pay-orders/

Took them a bit but Coindesk finally reported it. The didn't cherry pick the best allegation out:

Code:

37. Defendant has utilized the funds from customer’s pre-payments for: 

(a) the paid in full, unfinanced purchase of a residence in Leawood, Kansas for Mr. Sonny Vleisides; 
(b) an automobile for Mr. Sonny Vleisides; and 
(c) hundreds of thousands dollars in loans to shareholders of Defendant.