Browsing the "Butterfly Labs" Tag

FTC

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.

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.

BFL FTC shutterstock court ruling

Court Strikes Down FTC Request for More Butterfly Labs Oversight

| Nermin Hajdarbegovic

Embattled bitcoin mining hardware company Butterfly Labs is back in business, following a federal court ruling on Friday.

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.

Hardware mining

Mining Roundup: Pen-and-Paper Mining, ROI Uncertainty and the Latest on Butterfly Labs

| Stan Higgins

This week's roundup includes an interview with the FTC and a look inside pen-and-paper bitcoin mining.

open sign

Butterfly Labs to Resume Limited Business Operations

| Pete Rizzo

Butterfly Labs has announced that it will resume limited business operations following discussions with the FTC.

Meeting

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

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.