Published on August 18th, 2015 | by bitcoin0
Judge Approves Fraud Claims against HashFast
A US District Judge has approved claims against bankrupt bitcoin mining company HashFast and two of its officers.
Morici alleges that he purchased two Baby Jets – bitcoin mining hardware devices – worth $11,200 of bitcoin from HashFast but failed to receive his order as promised and was not offered a satisfactory refund.
The order signed by the judge read:
“Based on the foregoing discussion, the court finds that Plaintiff has sufficiently pled a UCL claim against Barber.
The court also finds the fraud claim sufficient insofar as it is based on statements Barber made regarding the Baby Jet shipping date and the availability of refunds in bitcoin.”
Contention at the time also revolved around the fact that the disgruntled bitcoin miners were requesting that their refunds be paid out in bitcoin.