Attorneys for Leawood-based Butterfly Labs Inc. filed a motion to dismiss a complaint by the Federal Trade Commission, because it didn't establish evidence of wrong doing.
The Federal Trade Commission filed to receive a temporary restraining order against Butterfly Labs, alleging that the company charged customers thousands of dollars for high-powered computers that can "mine" a form of virtual currency known as Bitcoin, then failed to deliver on time or at all. The FTC argued that the computers…
Attorneys for Leawood-based Butterfly Labs Inc. filed a motion to dismiss a complaint by the Federal Trade Commission, because it didn't establish evidence of wrong doing.
The Federal Trade Commission filed to receive a temporary restraining order against Butterfly Labs, alleging that the company charged customers thousands of dollars for high-powered computers that can "mine" a form of virtual currency known as Bitcoin, then failed to deliver on time or at all. The FTC argued that the computers…