Quote from: justmyname on September 27, 2013, 01:28:27 AM

Quote from: notlist3d on September 27, 2013, 01:14:34 AM

Quote from: btceic on September 26, 2013, 10:16:53 PM

Quote from: notlist3d on September 26, 2013, 10:06:04 PM

Quote from: bluefin on September 02, 2013, 04:10:45 PM

It's clear now that Terrahash are engaging in dishonest business practices.

If they were not, they would be happy to refund customers who are no longer willing to wait. We get they had Avalon issues, but this is no excuse for not refunding customers as required by the law. They continue to not only ignore refund requests (against the law), but nearly any and all communications have virtually ceased via email, phone, their own support contact system on the website, in addition they have broken nearly every single promise to date, and continue to lie to the community about who they are, what the are doing and when their own customers can see any type of resolution.

It turns out anyone can file a complaint with the FTC, not just US based customers. Terrahash could be liable for a fine of $16,000 for each violation (see https://bitcointalk.org/index.php?topic=279330.0)

File a complaint right now at https://www.ftccomplaintassistant.gov/ - Many people already have filed complaints over the last few days and weeks.

The FTC uses statistical analysis to detect fraud and helps them decide who to devote time prosecuting. Let's pull out the big guns. This will either turn Terrahash into an honest company and provide remedy to their customers, or make them face the consequences. We need complaints in numbers, so if you have been ripped off or treated badly, we need you.

Terrahash are sullying the reputation of Bitcoin. We must all stick together and help clean this mess up. Report your dissatisfaction to the the US Federal Trade Commission today at https://www.ftccomplaintassistant.gov/ and help the entire bitcoin community.

It is a Inc. with deciding to close it chances are Amir could care less on fines. TH is its own legal entity assuming set up right.

They can owe millions in fines.... but if corporation is closed you cant get money out of something dried out. There will no doubt be some money left and will be separated by creditors and those who sue.

But at end of day Amir is sitting back still getting paid a salary chances are right now.

Knight where are you!!!! The one of few people to meet Amir. And also who somehow managed to see Amir to log into one account and see 40k chip orders.... yet 20k just went poof! I still (and this is my personal opinion) wonder if he something with TH. We do know he had a special deal to pick up boards he talked about..... was there anything else? Who knows.

You may be incorrect on your assumptions or previous knowledge,
http://www.law360.com/articles/398949/ftc-says-telemarketer-s-ch-11-is-sham-to-avoid-113m-fine

Quote

Law360, New York (December 05, 2012, 9:39 PM ET) -- The Federal Trade Commission on Tuesday urged a federal court to dismiss a get-rich-quick real estate business owner's Chapter 11 case, agreeing with a U.S. trustee that the California man filed in bad faith to avoid paying the agency $113 million in fines.

I will try and find the full article.

TH will go away completely its like 1.5kish or less depending to dissolve a Inc. They are not declaring chapter 11..... the company will go poof! So sadly unless Amir set up Inc. wrong or broke some mingling of personal and business assets he will most likely never feel any hurt from it.

Even if they dissolve, run off to Poland, or whatever. The money is in the banks and will go to their creditors and those who paid for a product they didn't receive. I don't know about the Bitcoin but I'm sure their is probably a way to recover it also.

Bitcoin is its own beast on this i don't know what will happen on it, it was large scale but will be interesting to see a US case on it.

But again TH is its own legal entity not if but WHEN they dissolve, Amir does not have to move to poland.... The creditors get a piece of what is owed. It all depends on how much money TH and assets, which since private Inc we have no idea on.

I wish everyone the best on getting money back but unless you get PayPal, Bank, Creditcard, etc to refund chances of seeing full money are very slim. Sad fact is those who have to sue most likely will see small amount spent.