The FTC has received many complaints about two bitcoin...
The FTC has received many complaints about two bitcoin miner manufacturers since January 2013, said documents obtained through a Freedom of Information Act request by technology news website Ars Technica (http://bit.ly/1unGtdP). The documents showed 80 complaints about CoinTerra and HashFast,…
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which make bitcoin mining hardware. The FTC as a rule doesn’t confirm the validity of documents obtained through FOIAs, a spokesman told us. On Tuesday, the commission revealed a lawsuit against Butterfly Labs, a bitcoin mining hardware manufacturer about which the commission received over 300 consumer complaints, the FTC said (WID Sept 24 p3).