Post
Topic
Board Mining (Altcoins)
Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!
by
anderl
on 23/07/2014, 03:49:43 UTC
Just so you guys don't think you have no legal recourse and Alpha Tech holds all the cards.  Recent events prove otherwise....

OFFICIAL Terrahash: News and Lawsuits
https://bitcointalk.org/index.php?topic=443041.msg4865552#msg4865552

Terrahash accepted pre-orders for ASIC mining hardware.  Terrahash failed to deliver the ASIC miner I purchased from them or return my money so I sued them.

My legal case against Terrahash was heard this past Monday.  Terrahash failed to show up after being properly served.   The judge asked to see my receipt and then asked some questions before awarding me a judgement for $10,000 plus court costs.   The fact that my receipt was denominated in Bitcoin was a non-issue.

Contrary to popular belief there is legal recourse when making payments with Bitcoin.