So....
- the FTC came in and stopped the company trading
- The FTC then appointed a receiver who charged 7 figure sums a month, while not allowing shipments to customers
- The FTC failed to prove what they wanted to.
- The FTC bankrupts BFL.
- The FTC 'wins' by getting them to pay $4000......
- BFL loses its company in the process
- Any and all customers are left with $0 or hardware
*slow clap*
most accurate summary i hve seen so far.
Yes. The FTC thought they would step in and save the day for all the BFL customers. Instead they showed why most of us believe the government is a useless leech. The fact they could only get $4,000 from this case and those involved are still walking among us is nothing short of a disgrace.