The Federal Trade Commission said it won a temporary restraining order against Butterfly Labs operator BF Labs Inc. and three individuals connected with the company. More than 20,000 consumers had bought computers from the company hoping to generate the virtual currency for themselves. The company said it will fight the federal action.
The Federal Trade Commission said it won a temporary restraining order against Butterfly Labs operator BF Labs Inc. and three individuals connected with the company. More than 20,000 consumers had bought computers from the company hoping to generate the virtual currency for themselves. The company said it will fight the federal action. File image Bloomberg
The Federal Trade Commission said it won a temporary restraining order against Butterfly Labs operator BF Labs Inc. and three individuals connected with the company. More than 20,000 consumers had bought computers from the company hoping to generate the virtual currency for themselves. The company said it will fight the federal action. File image Bloomberg

Government & Politics

August 11, 2014 5:15 PM

Digital currencies such as bitcoin carry ‘significant risks,’ regulators warn

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