Try to put a price tag on removing a bad actor from the mining industry and discouraging other players to follow step. There was never an indication that HashFast would turn around and stop abusing the market. In fact the opposite is true. Old HF customers may get less or close to nothing for their contracts and orders, but overall this should be considered a healthy outcome because it prevents the company from destroying wealth of future miners.
You can start a poll and ask people if they'd rather get 5 cents on a dollar or see their abuser brought to justice.
What lawyers, especially those on contingency, seem to not understand is that legal action is not a business tool. It is a vehicle for stopping abuse. However, in an environment in which the rule of law is increasingly abandoned this confusion is understandable.
Having completely lost the utilitarian debate over objective practical matters such as efficacy of strategy, you predictably retreat to an amorphous subjective moral high ground and try to claim some kind of vague ethical victory
For The Common GoodTM.
But there is no "bad actor" here. Even Gallo admits the claims against the CTO/CEO are probably worthless.
And there is no an "abuser" who needs to be "brought to justice." Otherwise, the District Attorney or FTC would be involved.
The "rule of law" has not been "abandoned" and you are using an inapplicable histrionic paradigm to evaluate these circumstances. Bitcoin involvement notwithstanding, this is a perfectly normal business situation, not any kind of criminal enterprise.
people with a whole shitton of money were going to try to buy out the company and get a whole new crew in there
What part of ^that^ did you not understand?
The HF GH1 ASIC is a completely innocent piece of outstanding technology, and the customers who have been forced to lock in their preorder/MPP losses have been done a disservice by the eagerness of a tiny minority to enter endless, expensive, futile litigation.