FTC

Bitcoin

Butterfly Labs Urges Court to Dismiss FTC’s ‘Self-Serving’ Fraud Charges

Embattled mining hardware company Butterfly Labs has filed a court motion to dismiss a Federal Trade Commission complaint.

Business  ·  24 October 2014
Bitcoin

Mining Roundup: Pen-and-Paper Mining, ROI Uncertainty and the Latest on Butterfly Labs

This week's roundup includes an interview with the FTC and a look inside pen-and-paper bitcoin mining.

Tech  ·  7 October 2014
Bitcoin

Butterfly Labs Seeks Government Approval to Reopen Business

The FTC is allegedly evaluating a plan that could help put Butterfly Labs back in business.

Tech  ·  1 October 2014
Bitcoin

FTC: Butterfly Labs Held Back Shipments for Illicit Mining

The FTC has filed new documents in its case against Butterfly Labs, accusing it of mining using customer-purchased rigs.

Tech  ·  29 September 2014
Bitcoin

FTC: Butterfly Labs Case Not Part of ‘War on Bitcoin’

FTC attorney Leah Frazier told CoinDesk that Butterfly Labs misrepresented itself when selling mining products.

Policy & regulation  ·  24 September 2014
Bitcoin

US Government Shuts Down Embattled Mining Firm Butterfly Labs

The Federal Trade Commission has shut down Butterfly Labs after a lengthy investigation into claims of fraud.

Policy & regulation  ·  23 September 2014
Bitcoin

Breaking Down the Butterfly Labs FTC Complaints Data

We dig into the data released along with 283 complaints to the FTC by Butterfly Labs customers worldwide.

Tech  ·  17 May 2014
Bitcoin

Butterfly Labs Customers Appeal to FTC for $1 Million in Missing Orders

Butterfly Labs customers have submitted nearly 300 complaints to the US government, a new report finds.

Tech  ·  14 May 2014