Monthly Archives: September 2014

Presentation to the 14-10 Club, Royal Institution of Great Britain 11/Sep/2014
Presentation by Adam Cleary, Founder of Bullion Bitcoin, to the 14-10 Club at the Royal Institution of Great Britain - 11 September 2014.

By: Bullion Bitcoin

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Presentation to the 14-10 Club, Royal Institution of Great Britain 11/Sep/2014 - Video

Follow The Coin Information Highway: Bitcoin #39;s Potential In Emerging Markets
Nick Sullivan, CEO of Changetip shares insights on Bitcoin #39;s potential in emerging markets after his Geek #39;s On A Plane Trip to the Philippines Like us on Fac...

By: Follow The Coin

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Follow The Coin Information Highway: Bitcoin's Potential In Emerging Markets - Video

The Bitcoin Dilemma
Traders Brian Shannon and Rob Booker discuss the bitcoin phenomenon that has spurred a lot of interest from the investing community.

By: MoneyShow.com Invest Smarter, Trade Wiser

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The Bitcoin Dilemma - Video

UK OK Bitcoin: Brit merchants go for cryptocurrency despite doubts
For more Latest and Breaking News Headlines SUBSCRIBE to http://www.youtube.com/user/BigNewsTube Governments across the world have been quick to denounce the boom of the virtual currency...

By: Big NEWS

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UK OK Bitcoin: Brit merchants go for cryptocurrency despite doubts - Video

Engineers vs. Thugs: the Power of Bitcoin, Cryptography Tech
Vinay Gupta is one of those unique minds. A pragmatist without the negativity, and a visionary unleashed from ideology. http://hexayurt.com/ If you enjoyed this interview, feed me. I #39;m 100%...

By: BraveTheWorld

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Engineers vs. Thugs: the Power of Bitcoin, Cryptography & Tech - Video

What is happening to the bitcoin price - Follow up - (consensus algorithm discussion)
This is a follow up to this video https://www.youtube.com/watch?v=_-TLA3j-ic4 list=PL1zCD-urlm3iuJlUhq7Nwl5KuVXVShHKO Click here to learn how to protect your wealth during the coming currency...

By: Success Council

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What is happening to the bitcoin price - Follow up - (consensus algorithm discussion) - Video

Sonny Vleisides (right), is Butterfly Labs' co-founder and largest shareholder. A federal judge told him in January 2014 that there was a "strong smell" of fraud with respect to his company.

Federal authorities believethat the three named members of the companys board of directorsJody Drake (aka Darla Drake), Nasser Ghoseiri, and Sonny Vleisidesspent millions of corporate revenue on all kinds of things, including saunas and guns, while ignoring many customer orders that went unfulfilled or were significantly delayed.

The case was filed in federal court last week in Missouri (but unsealed late Monday), and it comes over a year after Ars firstreportedon the company and began testing its initial round of specialized computers designed to do nothing but mine for Bitcoin.

"The FTC alleges that one corporate defendants and three individual defendants have taken in over $50 million by operating a scheme that required consumers to pre-pay for machines that would allow consumers to mine for Bitcoins, a new virtual currency," the complaint states. "Defendants either never delivered these machines or delivered them so late that they became obsolete."

No one from BFL, including the three named defendants, responded to Ars repeated requests for comment by phone, e-mail, and Skype.

Unsubstantiated rumors on the Bitcointalk.org forums stated that BFLs offices in Leawood, Kansas (just outside Kansas City) were "raided" by the United States Marshals Service last Friday.

Nikki Credic-Barrett, a spokeswoman for the USMS, told Ars on Monday that one of her colleagues from the Western District of Missouri, whom she declined to name, said that the USMS was "present at this location on that day."

"Anything concerned with what happened is under seal," she said. "That's the most he could tell me."

For the past year, BFL insisted that mere manufacturing delays were to blame for the company's woes. However, suspicion of active fraud never died down. In fact, it's gotten worse after it came to light that Butterfly Labs' largest shareholder, Sonny Vleisides, violated the terms of his probation in a previous lottery scam casewhere he took a plea deal. As a result, Vleisides probationpreviously slated to end in September 2013continued for another two years.

The judge who extended Vleisides probation gave some damning comments about Butterfly Labs in a January 2014 court hearing:

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Feds say Bitcoin miner maker Butterfly Labs ran systematic deception