A Kansas company that offered bitcoin-generating computers is being sued by the Federal Trade Commission, which said it bilked more than 20,000 consumers out of as much as $50 million.
The Leawood-based company, Butterfly Labs, failed to deliver the machines or sent worthless equipment, according to the FTC's complaint filed in U.S. District Court in Kansas City.
The court had issued a temporary restraining order that shut down the business, according to an FTC statement Tuesday, The Kansas City Star reported.
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