butterfly labs

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.

Butterfly Labs Returns to Operations, Starts Issuing Refunds
January 8th, 2015

Butterfly Labs has proceeded its business operations and has updated website following their encounter with the FTC.

Mining Overview: Butterfly Labs Reopening and the Future of Bitcoin Mining
October 5th, 2014

The past week’s roundup features Butterfly Labs reopening and view on the future of bitcoin mining.

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.