[2014-09-29] Coinfire: Butterfly Labs Josh Zerlan Deposition Hightlights

[LiteCoinGuy]

Butterfly Labs Josh Zerlan Deposition Hightlights

The community has been ablaze about the news of Butterfly Labs and the FTC lawsuit against the embattled company and this morning Coin Fire has learned of more details before the hearing set to take place today.

http://coinfire.cf/2014/09/29/butterfly-labs-testimony-reveals-deep-fraud/

[LiteCoinGuy]

http://www.coindesk.com/ftc-butterfly-labs-held-back-shipments-illicit-mining/

 




 

[mercistheman]

They should be liquidated of assets with proceeds distributed to their mislead customers.

[Paladin69]

They should be liquidated of assets with proceeds distributed to their mislead customers.

I'm interested in the internal transcripts that include 65nm ASIC going back to 2012.

I have an e-mail from "Darla" trying to talk me into not taking my FPGA rig and waiting for 65nm instead since October 2012 "was so close"...lol

I feel sorry for anyone that missed out mining with their FPGA because of that attempt.

[Bicknellski]

They should be liquidated of assets with proceeds distributed to their mislead customers.

+1 Definitely the plan. I would love to see the FTC start doing that asap.