Post
Topic
Board Mining (Altcoins)
Re: Contacting Authorities regarding KnCMiner Titan Neptune
by
retro72
on 29/09/2014, 23:46:00 UTC
KNC take note http://www.coindesk.com/ftc-butterfly-labs-held-back-shipments-illicit-mining/
Quote
“[Butterfly Labs] misrepresented the delivery and profitability of the BitForce machine, and then made the same misrepresentations to induce consumers to purchase the Monarch, and did so yet again to sell their cloud mining services. They should not get a fourth change (or a fifth chance, in the case of one of the defendants).”
It's interesting to note the FTC called BFL customers "consumers" this blows a hole in the you have to be a business to own miners argument. In the US at least. If the same is proven true in Europe KNC will probably be bankrupted by refunds. I'm going to use every waking minute to find out. The game's afoot.