Bitcoin Forum
November 22, 2017, 12:02:21 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Butterfly Labs shut down by the US government.  (Read 2917 times)
srgkrgkj
Legendary
*
Offline Offline

Activity: 1176



View Profile
September 23, 2014, 07:10:13 PM
 #1

The Bitcoin mining industry has flourished with the price rise seen in cryptocurrencies particularly Bitcoin. Butterfly labs has been a long running and very established company that had been running a business selling a huge variety of Bitcoin mining hardware with a price range of $150 to $30k and over. However recent events have suggested that Butterfly labs has been a fraudulent company ripping off thousands of customers of over $30 million.

source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government

1511352141
Hero Member
*
Offline Offline

Posts: 1511352141

View Profile Personal Message (Offline)

Ignore
1511352141
Reply with quote  #2

1511352141
Report to moderator
1511352141
Hero Member
*
Offline Offline

Posts: 1511352141

View Profile Personal Message (Offline)

Ignore
1511352141
Reply with quote  #2

1511352141
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
OrientA
Sr. Member
****
Offline Offline

Activity: 462



View Profile
September 24, 2014, 09:13:38 AM
 #2

It should be shut down earlier. This applies to other companies.
asdlolciterquit
Hero Member
*****
Offline Offline

Activity: 588



View Profile
September 25, 2014, 03:22:37 PM
 #3

The Bitcoin mining industry has flourished with the price rise seen in cryptocurrencies particularly Bitcoin. Butterfly labs has been a long running and very established company that had been running a business selling a huge variety of Bitcoin mining hardware with a price range of $150 to $30k and over. However recent events have suggested that Butterfly labs has been a fraudulent company ripping off thousands of customers of over $30 million.

source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government

$30 million! scam, scam everywhere! Sad

.SPECTRE.                ▄▄███▄▄
            ▄▄███▀▀▀▀▀███▄▄
▄▄      ▄▄███▀▀ ▄▄███▄▄ ▀▀███▄▄      ▄▄
████▄▄  ▀▀▀ ▄▄███████████▄▄ ▀▀▀  ▄▄████
  ▀▀████▄    ▀▀█████████▀▀    ▄████▀▀
 ██▄▄ ▀██ █▄▄    ▀▀▀▀▀    ▄▄█ ██▀ ▄▄██
 ▀▀███ ██ █████▄       ▄█████ ██ ███▀▀
      ██ ███████▄   ▄███████ ██
       ██ ████████   ████████ ██
       ██▄▄ ▀▀████   ████▀▀ ▄▄██
        ▀▀███▄▄ ▀▀   ▀▀ ▄▄███▀▀
            ▀▀███▄▄▄▄▄███▀▀
                ▀▀███▀▀
             │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
▬▬     WHITEPAPER    ▬▬
FACEBOOK     TELEGRAM
TWITTER     SLACK     MEDIUM
.
PRE-SALE.
PUBLIC SALE.
redHeadBlunder
Member
**
Offline Offline

Activity: 81


View Profile
September 26, 2014, 03:44:24 AM
 #4

The Bitcoin mining industry has flourished with the price rise seen in cryptocurrencies particularly Bitcoin. Butterfly labs has been a long running and very established company that had been running a business selling a huge variety of Bitcoin mining hardware with a price range of $150 to $30k and over. However recent events have suggested that Butterfly labs has been a fraudulent company ripping off thousands of customers of over $30 million.

source : http://www.coinfinance.com/news/bitterfly-labs-shut-down-by-the-us-government
I read one article that mentioned BFL's response that said something along the lines that BFL has shipped $30 million in miners and has processed refunds amounting to $15+ million. I would say that there is a serious problem with any company that is refunding 50%+ of what they are actually selling
polynesia
Legendary
*
Offline Offline

Activity: 1260



View Profile
September 26, 2014, 03:26:57 PM
 #5

Isn't this the Company that bought out the site which had negative reviews written about it?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!