Re: Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence
the CEO of bfl has prooved he delivers (see their fpgas).
i dont care about his history. everybody has a chance to change himself.
i am still looking forward to my - really early ordered - bfl asic
i dont care about his history. everybody has a chance to change himself.
i am still looking forward to my - really early ordered - bfl asic
Picture you're a clever scammer. You have a choice, you could select to scam for 1 mill USD, or pull off a larger scam and secure 5 mill USD.
So, you could promise FPGAs, secure 1 mill in upfront funding, and run, or you could do the same, but first deliver the FPGAs, then secure another 6 mill USD for Asics, then fail to deliver..
People can change, for sure, personally I would never hire a person convicted of financial fraud for a financial position, and if a company hires a person convicted for financial fraud, as the manager and having access to the company assets, that doesn't run well with the public.
This being said, I haven't looked into the allegations, and can't vote for their accuracy. There's competitors to BFL as well, so if anyone wants to tarnish their image, we don't know.
(don't take what I say at face value - just some thoughts)
if i would try to scam somebody i would take the money and run as fast as i can.
at the beginning nobody knew who bfl ist. now there are names and details... i think its just to late for them to run away.
but: i am only good at getting scammed, not at detecting scams. so: who knows...