bitcoin mining company

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.

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.