Butterfly Labs (BFL) raided today by U.S. Marshalls 9/19/14

[Ntarlafobic]

Look who was feeding the chickens.  Better save it for posterity. 

https://www.youtube.com/watch?v=iwkKNhUaZSw

[dogie]

Why was this moved to service discussions?

[ElGrandJefe]

Why was this moved to service discussions?

They got served?

[xstr8guy]

Hi there,

Cyrus Farivar here from Ars Technica.

I have reported extensively on BFL for some time now. If you or anyone else has eyewitness accounts, documents or other materials to share, I would be very willing to hear/see them.

http://arstechnica.com/tech-policy/2014/05/in-18-months-feds-got-nearly-300-complaints-about-bitcoin-miner-maker/

http://arstechnica.com/tech-policy/2014/04/digging-for-answers-the-strong-smell-of-fraud-from-one-bitcoin-miner-maker/

http://arstechnica.com/tech-policy/2014/02/new-lawsuit-against-bitcoin-miner-manufacturer-alleges-fraud-negligence/

http://arstechnica.com/business/2013/06/gold-in-them-bits-inside-the-worlds-most-mysterious-bitcoin-mining-company/

I accept communication via OTR/PGP.

http://arstechnica.com/ars-staff-pgp-keys/#cyrus-farivar

Best,

-C

It would be nice if you could also write an article about KNC's behavior towards their once loyal customers after they have obtained funding.

Lol! He just posted a bunch of links to articles very critical of BFL.

You obviously didn't read the articles but you could have at least read the links.

[stevegee58]

So far there hasn't been a single link to a government website containing a press release about any "raids".

Every "report" posted here and on reddit has been carefully crafted to sound plausible and informed.  It could very well be that this is nothing but a FUD campaign and that absolutely nothing actually happened.  (i.e. you've all been played)

Has anyone actually bothered going to BFL's offices in KC to check things out?

*sound of crickets*

Didn't think so.

[Gleb Gamow]

So far there hasn't been a single link to a government website containing a press release about any "raids".

Every "report" posted here and on reddit has been carefully crafted to sound plausible and informed.  It could very well be that this is nothing but a FUD campaign and that absolutely nothing actually happened.  (i.e. you've all been played)

Has anyone actually bothered going to BFL's offices in KC to check things out?

*sound of crickets*

Didn't think so.

At least three people are on record on this forum stating that they did indeed check it out, verifying the claim. Again, if it were not true, don't you think that Bruce or Josh would be here sticking it up our asses for spreading false rumors? They have not going on four days now since this past Friday, ergo a major event occurred at Camp BFL, and chickens are not being fed due their owner being in jail in an opposite ward where Sonny Vleisides is also currently being held. Josh is playing the Schultz card...

[stevegee58]

So far there hasn't been a single link to a government website containing a press release about any "raids".

Every "report" posted here and on reddit has been carefully crafted to sound plausible and informed.  It could very well be that this is nothing but a FUD campaign and that absolutely nothing actually happened.  (i.e. you've all been played)

Has anyone actually bothered going to BFL's offices in KC to check things out?

*sound of crickets*

Didn't think so.

At least three people are on record on this forum stating that they did indeed check it out, verifying the claim. Again, if it were not true, don't you think that Bruce or Josh would be here sticking it up our asses for spreading false rumors? They have not going on four days now since this past Friday, ergo a major event occurred at Camp BFL, and chickens are not being fed due their owner being in jail in an opposite ward where Sonny Vleisides is also currently being held. Josh is playing the Schultz card...

Posting under a screen name on a public message board is hardly "going on record".

Pics or it didn't happen.  Let's see some timestamped, geotagged selfies at BFL HQ.

[ElGrandJefe]

So far there hasn't been a single link to a government website containing a press release about any "raids".

Every "report" posted here and on reddit has been carefully crafted to sound plausible and informed.  It could very well be that this is nothing but a FUD campaign and that absolutely nothing actually happened.  (i.e. you've all been played)

Has anyone actually bothered going to BFL's offices in KC to check things out?

*sound of crickets*

Didn't think so.

At least three people are on record on this forum stating that they did indeed check it out, verifying the claim. Again, if it were not true, don't you think that Bruce or Josh would be here sticking it up our asses for spreading false rumors? They have not going on four days now since this past Friday, ergo a major event occurred at Camp BFL, and chickens are not being fed due their owner being in jail in an opposite ward where Sonny Vleisides is also currently being held. Josh is playing the Schultz card...

Posting under a screen name on a public message board is hardly "going on record".

Pics or it didn't happen.  Let's see some timestamped, geotagged selfies at BFL HQ.

That's not going to happen because of the gag orders they're all subject to.

But given Josh's proclivities to give everyone a quarter and invite them to buy a clue at the slightest sign of unjustified criticism, don't you think he'd be out on every board, barrels blazing, denying the "rumors" if they weren't true?

Instead, all that is offered is a promise to check the "very persistent" rumors, followed by Schlock locking the thread. As I stated in another thread, that is anything but a denial.

[TheRealSteve]

Official FTC Complaint Against Butterfly Labs Obtained

At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.”

[greaterfool]

http://arstechnica.com/tech-policy/2014/09/feds-label-bitcoin-miner-maker-butterfly-labs-as-systematic-deception/ - Cyrus Farivar's article for Ars Technica on the FTC civil lawsuit, dated 9/23.

[ElGrandJefe]

We meet at last...

[sionsandman]

We meet at last...

Totally unexpected

[nwfella]

So BFL's long-con finally comes to an end.  Oh happy day!

[xstr8guy]

I'm just glad I got my two Monarchs and refund. The 2nd Monarch was delivered last week and I received the refund the same day the 2nd unit was shipped. Now I don't care if they fall off the face of the earth.

Good riddance!

[QuestionAuthority]

http://www.coindesk.com/us-government-shuts-embattled-mining-firm-butterfly-labs/

Doc: http://www.scribd.com/doc/240695413

[Pt0x]

http://www.coindesk.com/us-government-shuts-embattled-mining-firm-butterfly-labs/

Doc: http://www.scribd.com/doc/240695413

SO, IT IS TRUE!!!

[QuestionAuthority]

http://www.coindesk.com/us-government-shuts-embattled-mining-firm-butterfly-labs/

Doc: http://www.scribd.com/doc/240695413

SO, IT IS TRUE!!!

Yep, the news is everywhere now and you heard it here first.

[kendog77]

Here is a Washington Post article on the raid.

Good riddance, BFL!

http://www.washingtonpost.com/blogs/the-switch/wp/2014/09/23/this-is-the-ftcs-first-ever-bitcoin-case-and-its-winning/

[Unacceptable]

SWEET!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!   

I'm sooo freakin happy!!!!!!!!!!

https://www.youtube.com/watch?v=y6Sxv-sUYtM


http://www.ftc.gov/news-events/press-releases/2014/09/ftcs-request-court-halts-bogus-bitcoin-mining-operation

 

[Ntarlafobic]

This is Darla Jo Drake's (Jody) personal website.
http://www.awakeningworld.com/HomeAssistant/resume.html