Post
Topic
Board Group buys
Re: [CLOSED] CoiningSolutions.com HashFast Shares ฿2.5 = 20GH/s [CLOSED]
by
3rac3
on 08/01/2014, 20:24:28 UTC
So I received an email from HashFast in the middle of the night regarding refunds.

They are fully ignoring all calls and emails from me.

The email basically stated that if we watch a refund for Batch 1 it will only be in USD and it needs to be decided by tomorrow (really?). I really hate everything about this company so I'm with whatever you guys decide. The lawyer aboves fees are 40% BTW.

At this point I'm not too sure what move to make.

Honestly I don't see how this case will win.  BTC is not considered legal tender so the court will probably rule that they have to refund the original value in USD which is already what they're offering.  Does this guy promise only to take his fee if he wins?  What is his fee if he loses?  I'm ok with whatever the majority decides, as I don't really have a big stake in this group buy to try and sway ideas but this all seems a lose lose situation.  Thank you waldo for everything you've done.

It does not matter that BTC is legal tender. Hash Fast guaranteed delivery by 12/31 or they would provide a full refund in BTC. They also said they will guarantee your BTC.  I think they made those promises prematurely, but it was those promises that prompted many to take the gamble on their hardware.

The lawyer will not get paid unless he wins. So, I suspect he feels he'll win, otherwise there is no point in taking the case.

This is exactly what I think.