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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875472 times)
vokain
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December 07, 2015, 11:47:09 PM
 #11641

Armyof1ne, do you know where we can find these objections?

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armyof1ne
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December 08, 2015, 11:54:02 AM
 #11642

This is my second attempt at posting, i'm not sure why it was deleted.

A fairly extensive list of people have had objections levied against them. If you have a pacer account, you can view all the documents put in on the 30th.
the bad thing about "mail servicing" is sometimes it takes time for it to get to the person, giving them only a few days to respond.  which is why i am posting here. after responding, maybe seek legal fees and time wasted on this.

https://www.pacermonitor.com/public/case/3491312/Hashfast_Technologies_LLC
If you don't have a pacer account, this can give you a view of what is up.
Don't take anything i say as legal advice, hit your lawyer up, hopefully they can do stuff pro bono being this case has been nothing but a circus.
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December 08, 2015, 03:22:03 PM
 #11643

For those that have pacer
https://ecf.canb.uscourts.gov/cgi-bin/login.pl  search for 3:14-bk-30725

https://archive.org/details/gov.uscourts.canb.522575_201512

Here you go if you want to take a look, this is the free version of court documents i donated to the internet archive, there is a large group of people on the list, including the original petitioners.

Our friend Cedivad is on the list too.
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December 08, 2015, 03:28:00 PM
 #11644

Thank you, armyof1ne

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allinvain
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December 09, 2015, 04:50:54 AM
 #11645

For right now, many objections are being filed, If you are a creditor and are part of the liquidation, i would suggest making sure you have all materials gathered up that give proof to purchase, and that you are owed money.  they are trying to get peoples claims completely disallowed, basically offering more available money to the lawyers and bigger buyers to increase their approved claim.
I have seen people discussing objections to claims on this, and you only have a short time to respond. Its a chance of you basically giving up your right to any available funds and handing them over to other people like lawyers.

Once the objections are done, and plan fully confirmed, liquidation will take effect, and then dispersal of any funds if i understand correctly.



I just got the objection letter today, and if I understand it correctly it means that they are moving to convert my claim to a specific "unsecured" dollar amount. In my case the debtor's lawyer did not tick the "disallow" box so I'm not sure if my response is required. I am basically tacitly agreeing to the compensation amount denominated in dollars. No doubt if my claim had a greater dollar value they would move to "disallow" it for sure!

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December 29, 2015, 07:45:05 AM
 #11646

Hello, I have received nothing from the court in a long time. I am assuming I will get nothing since my claim is small. Anywhere I cm find m update? -Thanks.
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December 29, 2015, 07:56:14 AM
 #11647

Hello, I have received nothing from the court in a long time. I am assuming I will get nothing since my claim is small. Anywhere I cm find m update? -Thanks.

me neihter
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January 06, 2016, 05:01:49 AM
 #11648

Happy New Year all!

I checked https://archive.org/details/gov.uscourts.canb.522575_201512 (thanks for the link!) but it seems it only covers larger creditor claims.

Is the default to disallow claims? Should I assume my (small) claim is disallowed since I did not receive any written communication over the past month or two?
armyof1ne
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January 06, 2016, 04:57:29 PM
 #11649

Happy New Year all!

I checked https://archive.org/details/gov.uscourts.canb.522575_201512 (thanks for the link!) but it seems it only covers larger creditor claims.

Is the default to disallow claims? Should I assume my (small) claim is disallowed since I did not receive any written communication over the past month or two?

I would assume nothing at this point.
If you don't see your name across the documents, that doesn't mean they won't try this later, some people are on the list and have verified they have not seen any kind of notice in the mail.
we will see what comes of all this
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February 10, 2016, 07:27:02 AM
 #11650

FYI: http://www.coindesk.com/bankrupt-bitcoin-mining-firm-trustee-seeks-return-of-funds-from-former-promoter/

Quote
A California bankruptcy court is set to weigh in on whether bitcoin should be considered a currency.

The hearing, set for 19th February, follows months of legal wrangling between the trustee of bankrupt bitcoin mining firm HashFast and Marc Lowe, a former promoter for the service who operated under the handle 'CypherDoc'.
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February 10, 2016, 11:31:58 AM
 #11651

What about at least the USD denominated refunds, any progress on this front?

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February 18, 2016, 04:16:36 PM
 #11652

On CoinDesk: HashFast's $1 Million Question: Is Bitcoin a Currency or Commodity?

http://www.coindesk.com/1-million-bitcoin-currency-commodity/

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
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February 21, 2016, 12:53:02 AM
 #11653

http://www.therecorder.com/id=1202750234978/Is-a-Bitcoin-a-Buck-Not-in-This-Case

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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February 22, 2016, 05:34:22 PM
 #11654


this means if you paid with bitcoins you have to get bitcoins back?
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February 22, 2016, 08:08:34 PM
 #11655

It only means that one of the scammers will have to return a payment and not get a windfall out of it as he liked to put it. I would be surprised if even part of that money found it's way back to the customers.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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February 22, 2016, 08:51:40 PM
 #11656

At this point I think most would be happy with a USD refund, but that seems to be taking a sweet long time. Any update on this (from you guys that have PACER access)?

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February 29, 2016, 08:51:00 PM
 #11657

FYI
Quote
US Bankruptcy Court's ruling could help HashFast trustee recover $1.3 million
http://bravenewcoin.com/news/us-bankruptcy-courts-ruling-could-help-hashfast-liquidator-recover-1-3-million/
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March 01, 2016, 09:31:21 AM
 #11658

FYI
Quote
US Bankruptcy Court's ruling could help HashFast trustee recover $1.3 million
http://bravenewcoin.com/news/us-bankruptcy-courts-ruling-could-help-hashfast-liquidator-recover-1-3-million/

wow and here's something in that article to note;

"The FTC revealed that Butterfly Labs took at least $20 million from consumers, and potentially up to $50 million. This month, Butterfly Labs and two of its operators, part-owner Sonny Vleisides and general manager, Darla Drake, agreed to settle FTC charges. However, even though the judgment was $38.6 million against the company, the FTC agreed to collect only $15,000 because they were unable to pay more."

15,000$ is all running BFL scam cost them in the end ;\
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March 01, 2016, 09:57:26 AM
 #11659

FYI
Quote
US Bankruptcy Court's ruling could help HashFast trustee recover $1.3 million
http://bravenewcoin.com/news/us-bankruptcy-courts-ruling-could-help-hashfast-liquidator-recover-1-3-million/

wow and here's something in that article to note;

"The FTC revealed that Butterfly Labs took at least $20 million from consumers, and potentially up to $50 million. This month, Butterfly Labs and two of its operators, part-owner Sonny Vleisides and general manager, Darla Drake, agreed to settle FTC charges. However, even though the judgment was $38.6 million against the company, the FTC agreed to collect only $15,000 because they were unable to pay more."

15,000$ is all running BFL scam cost them in the end ;\

Yepper,our wonderful "Justice" system in action.So you guys have a financial windfall comin too  Roll Eyes

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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March 01, 2016, 06:07:38 PM
 #11660

FYI
Quote
US Bankruptcy Court's ruling could help HashFast trustee recover $1.3 million
http://bravenewcoin.com/news/us-bankruptcy-courts-ruling-could-help-hashfast-liquidator-recover-1-3-million/

wow and here's something in that article to note;

"The FTC revealed that Butterfly Labs took at least $20 million from consumers, and potentially up to $50 million. This month, Butterfly Labs and two of its operators, part-owner Sonny Vleisides and general manager, Darla Drake, agreed to settle FTC charges. However, even though the judgment was $38.6 million against the company, the FTC agreed to collect only $15,000 because they were unable to pay more."

15,000$ is all running BFL scam cost them in the end ;\

Yepper,our wonderful "Justice" system in action.So you guys have a financial windfall comin too  Roll Eyes


well, and correct me if im wrong, but what stopped them from hiding some of that 20+million in btc  that they never claimed to own?
they are on a beach right now, rich off our btc i bet ;p
this is highly likely to me, as i have a source involved in Garza's bs legally, and they are having trouble locating over 6million$$$,
(cause they had it in btc and hid it most likely ;\)
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