The regulators and law enforcement have to make a conscious decision to pursue a matter of this type (which is why more complaints = more likely they will spend resources to investigate).  Even if they know about it (which they clearly do at this point) they may decide (for any number of reasons) not to pursue it.  With that said IF they do decide to "go after" BFL it will be methodical, slow and fact based.  They will take there time and build a rock solid case (remember a win is all that matters to these folks and their careers, not the consumers best interest).  Lastly there is a very real possibility that the AG may be diving much deeper than say UCC laws, FTC regulations.  If they are investigating BFL and Sonny they may be looking for other violations.  There as so many laws on the books that they may be looking at other avenues to pursue as well.  IANAL and I don't have specifics in mind but it's not hard to believe they may be looking at mail fraud, wire fraud, false advertising tax evasion and the list goes on for a long time.

Just because law enforcement hasn't taken action yet doesn't mean they aren't and won't however you and I won't hear about it until well after BFL does!  They will not tip their hand and they have all the time in the world so to speak.

How long did it take from Pirate disappearing until the SEC weighed in last month?  DO NOT believe Josh when he says that just because no one is doing anything right now that things are not being done.

In 2006 the USA passed the UIEGA which was aimed at stopping online gambling in the US.  A few brazen poker sites still served the US and they "allowed" two of the biggest sites to serve US customers for almost 5 years before going balls deep with indictments on those two corps.

https://bitcointalk.org/index.php?topic=277193.msg2960327#msg2960327

Bitsyncom, oh wait that's been done and it didn't work.

Meh, what's 25% of 50 mill between friends!

If there is anything you can safely share with us (now or in the future) please do.  I am sure there are many people that would be interested and that it may help.

You guys should read the rule further.  BFL has received customer agreement to an "indefinite delay".  When you purchase a BFL product you agree to wait 2 months of more.  According to the mail order rule this is what a company must do if they ask for and receive an indefinite delay.  I've pointed this out in a number of threads and people seem to ignore it.  BFL IS FUCKED IF THE FTC DECIDES TO PURSUE THEM.

Not only must they offer cancellations/refunds they must provide the client a statement that they have the right to cancel the order any time until the product ships.  So BFL is not only doing the opposite of what they are supposed to, they are also further breaking the mail order rule by telling the client no refunds are possible.  They are telling the client the exact opposite of what the FTC tells them they must tell the client.

•a statement that, if the customer agrees to the indefinite delay, the customer may cancel the order any time until you ship.
http://business.ftc.gov/documents/bus02-business-guide-mail-and-telephone-order-merchandise-rule


BFL is playing a very dangerous game ATM, IF the FTC decides to go after them, I would bet dollars to dimes BFL gets their ass handed to them on a platter.


https://bitcointalk.org/index.php?topic=150803.2640

The official forum rule about sock puppets, is they are explicitly allowed (because they can't stop them) coincidently account selling is also perfectly acceptable here.  As far as I have seen the admins will not check IP's (mods apparently don't have the ability).

Could you use your time machine to go ahead and get me the next winning powerball lottery numbers please.

Agree 100%

What I am wondering is:

-Did BFL get enough pressure (or finally wake the fuck up) and are starting to honour refunds and they are trying to keep it as quite as possible to stem the flow so to speak (ya unlikely I know but I have to consider it as possible)
-Did your pressure aid in getting you only a refund (did you file a complaint with any government agencies?)
-Was this a mistake or something like that on BFL's part

They are under that impression because there are enough optimistic buyers to support them.  Just look at the Monarch, it appears to be selling well despite all Josh and BFL have done to try and convince people not to buy their stuff!  Look at the numbers from an investment stand point, there is a very strong argument that simply buying and holding BTC is a much less risky investment than mining, and even if mining pays off as a better investment the margin of extra profit doesn't seem to correlate to the extra risk associated with it (again look at BFL for clear examples of how holding BTC would have been significantly better than mining).  For every person that doesn't like or support these type of companies there are 20 optimists waiting to take the gamble cause hey mining with ASIC will make you filthy rich now right?

See my signature regarding websites.

See my signature lol

Miner protection plan that provides raw chips and requires customer to pay more money to get them hashing (90 day MPP): check
Avoiding most consumer protection (which is funny they care about miner protection but not consumer protection, aren't they the same people?): check
10 day warranty for an almost 5k product to go along with all the miner and consumer protection: check
Full payment pre-order months in advance with no refunds possible until 2 months AFTER estimated delivery: check
Clsuter fuck with shopping cart launch (goddamn Kryptonite!): check

Yup they're just like the rest, carry on!

Was there any correspondence from BFL you could share with us?  It is weird that they seemingly so easily gave you a BTC refund after they have been publicly stating for a few months now no refunds will be honoured.  I am curious why you are the only non PP customer I have seen recently get a refund.

FTFY

WTF is it with ASIC manufacture's, they all claim they can make and ship large quantities of miners but they can't get a fucking shopping cart or website to work.

They are all taking MILLIONS in full payment pre-orders and they can't get a website shopping cart straight.

Jesus Christ, PR and shopping carts are like fucking kryptonite to ASIC manufacture's.

The darker it is the more users that have that person on ignore.  I guess it's designed as a sort of "troll meter"?

The regulators and law enforcement have to make a conscious decision to pursue a matter of this type.  Even if they know about it (which they clearly do at this point) they may decide (for any number of reasons) not to pursue it.  With that said IF they do decide to "go after" BFL it will be methodical, slow and fact based.  They would take there time and build a rock solid case (remember a win is all that matters to these folks and their careers, not the consumers best interest).  Lastly there is a very real possibility that the AG may be diving much deeper than say UCC laws, FTC regulations.  If they are investigating BFL and Sonny they may be looking for other violations.  There as so many laws on the books that they may be looking at other avenues to pursue as well.  IANAL and I don't have specifics in mind but it's not hard to believe they may be looking at mail fraud, wire fraud, false advertising tax evasion and the list goes on for a long time.

Just because law enforcement hasn't taken action yet doesn't mean they aren't and won't however you and I won't hear about it until well after BFL does!  They will not tip their hand and they have all the time in the world so to speak.

In 2006 the USA passed the UIEGA which was aimed at stopping online gambling in the US.  A few brazen poker sites still served the US and they "allowed" two of the biggest sites to serve US customers for almost 5 years before going balls deep with indictments on those two corps.

BFL is breaking federal regulations by not allowing customers to cancel their orders before they ship their product.  They are also breaking federal regulations by not telling their customers that they have the right to cancel at any time before they ship their units and in fact BFL is telling their customers the exact opposite stating refunds will be refused.

BFL doesn't understand the legal difference between an order and a sale and are using false language to illegally hold customer funds that want it back.  Basically they are trying to get the uninformed to roll over and give up on trying for a refund by stating "All Sales are Final".

BFL is a scam rest assured, delivering a small percentage of units to a small percentage of customers doesn't automatically disqualify all the other relevant facts.

A spelling cop that can't spell, looks like an even greater fool than the person he was trying to call out LOL

Other than having their design borrowed, exactly 0% chance AMD has anything to do with this at all.