bitcoin mining company

FTC Agrees for $38.6M of Compenation from Bitcoin Mining Company Butterfly Labs
February 19th, 2016

FTC closed Butterfly Labs in September 2014 for public misrepresentation and fraud.

FTC Shuts Down Butterfly Labs, the 2nd-Most Hated Company in Bitcoin World
September 23rd, 2014

Butterfly Labs was shut down by The US Federal Trade Commission that filed a suit, alleging the company did not fullfill customer orders that had been paid upfront.