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

By September 24, 2014Bitcoin Business

Butterfly Labs The Federal Trade Commission (FTC) announced yesterday that it had shut down Butterfly Labs following approval by a US judge, and for many outraged customers, the closure is the end of a long period of uncertainty.

Though initially a market leader in the bitcoin mining space, the last few months of the Missouri-based company’s operations were defined by  manufacturing delays ,  troubled public image efforts  and  looming legal problems .

Speaking to CoinDesk, FTC attorney Leah […]

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