Post
Topic
Board Hardware
Re: BFL Experience
by
sbogovac
on 29/09/2014, 22:02:57 UTC
[...] here we are 36 hours later, the curtain having fallen and BFL surely has to now be out of business.[...]

Unfortunately, just as it seems the alphabet agencies seem to have grasped what BTC is about there are still enough judges around who do not seem to understand (or are just "following procedure" for procedure's sake):

http://www.bizjournals.com/kansascity/news/2014/09/29/federal-magistrate-will-mediate-butterfly-labs-ftc.html?page=all

"Both parties were in court Monday morning as the FTC sought an injunction that would effectively extend that restraining order. A lawyer for the FTC said it was important to conserve the company’s assets to allow for future consumer redress.

However, U.S. District Court Judge Brian Wimes, who is presiding over the case, asked both sides whether a plan might be reached that would allow Butterfly Labs to resume business but still protect consumers.

He extended the restraining order until Friday to give the sides time to reach a deal, before adjourning to allow both parties to negotiate. By noon, he had appointed U.S. Magistrate John Maughmer to mediate the discussions, which were ongoing.
"