Buttcoin/ Captains of Industry/ Crime/ Scams Float like a butterfly, sting like the FTC killhamster bitcoin, buttcoin, Butterfly Labs, fraud, mining, scam, stupid 0 Comment September 23, 2014 At FTC’s Request, Court Halts Bogus Bitcoin Mining Operation At the request of the Federal Trade Commission, a federal court has shut down Butterfly Labs, a Missouri-based company that allegedly deceptively marketed specialized computers designed to produce Bitcoins, a payment system sometimes referred to as “virtual currency.” The FTC’s complaint against the company and its corporate officers alleges that Butterfly Labs charged consumers thousands of dollars for its Bitcoin computers, but then failed to provide the computers until they were practically useless, or in many cases, did not provide the computers at all.
