“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
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