Butterfly Labs Seeks Government Approval to Reopen Business

By October 2, 2014Bitcoin Business

Attorneys for the Federal Trade Commission (FTC) and Butterfly Labs are allegedly holding talks that could lead to a possible reopening of the troubled bitcoin mining business.

The conversation, while still in its early stages, may allow Butterfly Labs to exit its previously announced court-ordered shutdown,  The Kansas City Star   reported.

Butterfly Labs was placed in temporary receivership by a US judge last week , a condition that was extended during a hearing on Monday when prosecutors […]

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