Butterfly Labs

One of the earliest bitcoin mining hardware manufacturers offering ASIC devices, Butterfly Labs have come under fire from bitcoin miners who have had to wait patiently due to lengthy production and delivery delays.


FTC Settles Charges Against Bitcoin Mining Firm Butterfly Labs

| Stan Higgins

The US Federal Trade Commission says it has reached a settlement with bitcoin mining firm Butterfly Labs after it sued the company in 2014.

Research Tracks Bitcoin Mining from Hobby to Big Business

| Joon Ian Wong

New research from New York University uncovers how mining has changed from a solo activity to an industry dominated by powerful groups of miners.

Computer problems

Butterfly Labs Resumes Shipping, Sets Timetable for Refunds

| Nermin Hajdarbegovic

Butterfly Labs has reopened for business, processing delayed shipments and refunds for select customers.

court, gavel, law

FTC Granted Approval to Sell Off Butterfly Labs’ Bitcoins

| Pete Rizzo

The FTC has secured court authority to begin converting Butterfly Labs’ bitcoin holdings into cash reserves.

court legal

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

| Nermin Hajdarbegovic

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


Butterfly Labs Seeks Government Approval to Reopen Business

| Stan Higgins

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

FTC Butterfly Labs

FTC: Butterfly Labs Held Back Shipments for Illicit Mining

| Pete Rizzo

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


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

| Stan Higgins

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

US Government Shuts Down Embattled Mining Firm Butterfly Labs

| Stan Higgins

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


Butterfly Labs Accused of Buying Blog to Hide Negative Search Results

| Daniel Palmer

Mining hardware manufacturer Butterfly Labs is accused of buying satirical blog Buttcoins.org to manage its online reputation.