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

By October 24, 2014Bitcoin Business

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

Embattled mining hardware company Butterfly Labs has filed a motion to dismiss a Federal Trade Commission (FTC) complaint against the company.

Butterfly Labs (BFL) was shut down by the FTC last month following numerous claims of public misrepresentation and downright fraud.

However, in spite of nearly 300 customer filings  against the company, BFL still insists it is the victim of overzealous regulators and intends to  resume limited operations  in the near future.The sentiment is evident in the […]

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