Written by Cyril Gilsonformer editorReviewed by Cyril Gilsonformer editorButterfly Labs: $1 Million Owed and no End in Sight
Latest NewsPublishedMay 15, 2014
The saga of miner manufacturer Butterfly Labs’ troubles continues for its alleged failure to fulfill orders and use of customers’ prepaid machines, and the scale of the problem is becoming apparent.
The saga of miner manufacturer Butterfly Labs’ troubles continues for its alleged failure to fulfill orders and use of customers’ prepaid machines, and the scale of the problem is becoming apparent.
Documents obtained by Ars Technica under the Freedom of Information Act show that there are in total almost 300 complaints against the beleaguered company, pertaining to orders worth in excess of US$1 million.
An additional claimant alleges US$30 million worth of fraud, which has been omitted from the count as it refers to “30,000 customers”.
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