One of the most notorious bitcoin companies around will finally be facing legal consequences. Art by: Jing Jin UPDATE: Butterfly Labs has issued an official comment, which can be found in its entirety ...

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 ...

Butterfly Labs argued successfully in court yesterday that the order to remain closed had irreparably harmed their company, convincing the Judge to agree to allow them to continue operations under ...

A federal judge recently granted the Federal Trade Commission’s request to shut down the operations of Butterfly Labs, Inc., a company that makes ASIC Bitcoin mining gear, over suspicions of fraud. It ...

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 ...