UPDATE: Butterfly Labs has issued an official comment, which can be found in its entirety below this article. The tale of Butterfly Labs may finally be drawing to a close. After unconfirmed weekend ...

This article is by Rebecca Campbell. Butterfly Labs has agreed to settle the Federal Trade Commission's charges of making misleading claims about their products to their customers. In a lawsuit that ...

The Federal Trade Commission (FTC) announced yesterday that it had shut down Butterfly Labs following approval by a US judge, and for many outraged customers, the closure is the end of a long period ...

Maker of Bitcoin mining hardware maker Butterfly Labs has been shut down by the FTC following allegations of fraud and company misrepresentation to the public. Following hundreds of complaints to the ...

Recently, it became big news that the Federal government sued and temporarily shut down the notorious bitcoin mining company, Butterfly Labs, but a federal judge ruled on Thursday that the company can ...

The first 500 gigahash per second ASIC mining rig from Butterfly Labs has been put into operation, as reported on the Bitcoin Forum. We recently reported on the first shipment of the Bitforce SC 60 ...

The Federal Trade Commission sought the court orders as part of its lawsuit against BF Labs Inc., which does business as Butterfly Labs, and Sonny Vleisides, Darla Drake and Nasser Ghoseiri, who are ...

A new order issued by a federal court in Kansas City on Thursday has effectively extended a temporary restraining order set down earlier this month, leaving Bitcoin mining rig builder Butterfly Labs ...

In the heady days of 2013, when the world was agog over the promise of bitcoin, a few companies were racing to develop special hardware used to “mine” new value from the virtual currency. One of the ...

There have long been online complaints about Butterfly Labs, a Missouri-based maker of Bitcoin mining equipment that started operations in 2010. People complained in Bitcoin forums that the company ...

Formerly all the rage amongst everyone from anarcho-technologists to billionaire investors, Bitcoin is back in the news today as a company called Butterfly Labs settles a $38.6 million lawsuit with ...

In the heady days of 2013, when the world was agog over the promise of bitcoin, a few companies were racing to develop special hardware used to “mine” new value from the virtual currency. One of the ...