FTC Complaints Detail Troubled Past of Bankrupt Bitcoin Miner CoinTerra

By January 29, 2015Bitcoin Business

“I feel like I [was] cheated.” The statement is just an excerpt from one of the 39 formal complaints filed with the US Federal Trade Commission (FTC) against now-bankrupt bitcoin mining company CoinTerra and revealed in a new Freedom of Information Act ( FOIA ) request.

The 39 complaints are a far cry from nearly 300 complaints lodged against competitor Butterfly Labs before it was temporarily shut down by the FTC in September. However, the […]

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