Post
Topic
Board Hardware
Re: WTF Avalon? Ship the Chips!
by
AdamKD
on 04/08/2013, 21:06:29 UTC
It's time to start considering organizing a class action lawsuit against these dipshits.
No, no we ship now give 2 week ok ?

Joking aside, all intrested parties should start considering this option.
I am not sure though how it would apply to persons outside the US. I'm guessing that it would not matter but i'm not a lawyer.

Serious question though: even if you won a lawsuit, how exactly would you collect if his assets are in BTC? The fact that BTC can't be seized or frozen or in any other way controlled by the government is a key selling point.

Lawsuits, for the most part, are rarely, if ever, about retrieving all assets.  There's usually an ulterior motive beyond asset retrieval and are the result of a beyond-than-pissed-off customers.

I'd highly doubt if it went as far as a lawsuit the primary objective would be asset retrieval.  Even if all BTC assets were retrieved they are less than 50% of the investment in making anything out of the chips.  This fact, alone, indicates a lawsuit's primary objective would not be asset retrieval.