“A company that sells ‘Bitcoin mining’ equipment folded without delivering the equipment to its customers or refunding hundreds of thousands of dollars in Bitcoin advance payments, a purchaser claims in court. Howard Loo sued TerraHash Inc., Amir Khan and Tarandeep Gill, in Santa Clara County Court, alleging fraud, unjust enrichment and breach of contract. He claims the company took in more than $600,000 in a single week this summer – $97,000 of it from him, in Bitcoins – then never delivered the goods.”
http://www.courthousenews.com/2013/12/06/63499.htm
Related posts:
Soros Reports Over $239mm In Gold Positions, Buys $25mm In Junior Miner Calls
Secure Boot snafu: Microsoft leaks backdoor key, firmware flung wide open
Liberal icon urges Obama impeachment
This Too Shall Pass
“Butt Out,” 60% of 18 to 34-Year Olds Tell Federal Government
Hate Crimes, Hoaxes, and Hyperbole
Rand Paul: Use Drones To Search Neighboorhoods For Murder Suspects
Secession and Nullification in Colorado
Putin promises crackdown on $111bln offshore money leak
5 Investing Myths to Ignore in 2014
Voluntary Slavery in Action? 'Why I Am Leaving College'
Family of American subjected to indefinite detention pleads for international human rights review
Ninth-Largest Newspaper In The US Is Trying Out A Bitcoin Paywall
Caught in the Act: Bald-Faced Lying By Janet Yellen
HBO says Game of Thrones 'piracy' is better than an Emmy