Butterlfy Labs
Complaint 221834 Details

Let`s file a lawsuit against Butterfly Labs!

My order number with BFL was 14821, pay-dated 12/12/2012. I asked for a
refund, but I only got 60 BTC and not 193 BTC as I initially sent. I saw
a similar "locked thread" on their forums where other folks had the same problem. I
paid in BTC, I want my BTC back. I even called Butterfly Labs and the
person on the phone was able to produce only two phrases over a 5 min
discussion/monologue :

- "we wouldn`t have had this conversation
if the price of BTC went down" - totally absurd taking into account the
current situation... It`s like saying that the sun won`t rise tomorrow
morning. BTC is far from fall.
- "that`s not gonna happen" - I think
it will happen and it must happen since BFL is making money out of
buying and selling BTC with funds received as preorders.

What
most folks here don`t realize is that BFL DOESN`T NEED TO PRODUCE A
VALID PRODUCT, they only need to keep the charade going for as much as
possible. THEY ARE MAKING MONEY WITH YOUR MONEY and think that are going
to get away with it.

Moreover, when I placed my order, I read a post on BFL
forums written by Josh himself (accused of fraud... another coincidence
maybe) in which he stated that refunds can be made in BTC upon "special
request". Of course, the post has magically vanished.....

As educated consumers, we have the right to defend ourselves against this very well elaborated scam. We can:

-
file a common law suit (I am open to offers from any attorney willing to take them to court)
- speak out online. Use websites like ripoffreport.com, ic3.gov to ask for your money back.
-
sooner or later law enforcement will come down hard on the company
(unless they are already on to it), so time is the essence here.
-
don`t be afraid or ashamed to speak out. It is your money and you have
the right to fight for it. Strength lies in numbers, let`s bring down
the scammers!