Post
Topic
Board Service Discussion
Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence
by
BitcoinINV
on 20/10/2012, 15:53:06 UTC
Think I will add this information to what my attorney general has already got..... He did refund my money but it was only cause I got the Gov involved.

This is what has happend, BFL sold pre-orders to fund the building of asics. They had zero to no work done on them till pre-orders came in and funded them. If people wanted to do that they could have just invested with the person who said he was going to do that on the GLSBE. You will get you ASIC, but BFL is a shady company with very very shady practices. The way they went about this was all wrong and I suspect some what illegal, maybe someone should look into it.
 
This is just what I have gathered from it so far, just step back and look at the situation...
If I am wrong BFL please post figures to show what money did what. My guess is pre-order money built your line of ASIC's 85% of the way, and without pre-orders you would still be making FPGA's all day.