Quote from: The Avenger on March 18, 2016, 10:25:18 PM

Quote from: AmDD on March 18, 2016, 10:17:37 PM

Quote from: The Avenger on March 18, 2016, 09:56:25 PM

Pictures of our favourite kfc douchebags going to court this week Cheesy

[img ]http://www.breakit.se/library/img/article/b5eef62a80f8ece350f3419198f60d84.jpg[/img]

Hopefully we are getting closer to this Tongue

Quote from: The Avenger on February 17, 2016, 09:07:37 PM

[img ]http://i.imgur.com/uRkxrtp.jpg[/img]

Whats the story with this? I havent kept up with it since I never bought hardware from them.

The latest chapter is these fucks are in court this week, being sued for multi-millions by their customers who they screwed over.
https://translate.google.co.uk/translate?hl=en&sl=sv&u=http://www.breakit.se/artikel/3037/tarfyllt-i-rattssalen-under-fortsatta-knc-miner-forhandlingarna
A little more detail about charges here:
https://translate.google.co.uk/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdigital.di.se%2Fartikel%2Fdet-var-ett-bedrageri--knc-miner-infor-ratta-i-tingsratten&edit-text=
Let's hope justice in Sweden isn't as poor as we saw in Norway this past week Undecided

I admire the folk who put 1.5k down per Titan or Neptune to fight this case. (If they lose they may also have to pay as much as 3k each I heard for KNC's court/lawyer fees ..how it works in Sweden) anyway ...I had no balls to try this

(to those doing so I salute you!) Hope they win!

But

this class action ONLY applies to the 50/100 (unsure number) who got into the class action paying the above...once this court case is settled no other class actions can be
taken it will be a done deal

so I hope the win...but win/lose/settlement ..it is not gonna effect any of us NOT in the lawsuit

MY own view is the class action will LOSE...hate to say it...but KNC's point of all us miners when we bought the equipment were automatically under Swedish Law considered
a business thus NOT able to be under EU consumer protection. So IMHO there is a reason Swedish Law has this loop hole to get out from under EU consumer protection rules.

ie business purposes you are not covered. SO I REALLY doubt that a Swedish Court will overturn such laws in that they seem to be in Sweden's interest to get around EU consumer protection and other rules.

Just saying why I did not pay any $$$ and jump in.

I gave the odds of this at 50/50 before BFL walked. Now I give the odds 80/20 for KNC. My view is KNC is gonna pay its law firm a LOT of $$$ not reimburse 100 folk say 10k each
with damages....the class action folk got 150k up front..but KNC would stand to lose at 10,131.80 each (my cost with shipping to usa) so say 10k each $1,000,000 dollars plus damages to get orig amount back vs teh class action folk again who got 150k up front win/lose or draw...

anyway we will see......but man it would so suck big time to dump 1.5k and be liable for knc's legal costs on a loss of say up to 3k and be in the same boat screwed on equipment

so I salute them......they got big brass ones!

oh and the 1.5k was PER UNIT up front no refund ....ouch