300 complaints in 18 months and these guys still aren't in jail? How does that work?
In its short existence, Butterfly Labs has become one of the world’s most mysterious Bitcoin-related companies. For the past year, the Kansas-based manufacturing company has faced numerous accusations of fraud. Currently, the company is battling one lawsuit in federal court with more likely on the way. But Butterfly Labs previously lost a civil case by default in Kansas’ Johnson County Court in late November 2013. The plaintiff, a Californian named William Lolli, won a judgment of more than $13,000 but told Ars that he had not yet collected the award.