Buttcoin founder says Butterfly Labs tricked him into selling site, removed negative commentary

An e-mail from someone you don't know, followed by some events you didn't expect to happen. It sounds like a classic hacking you hear about during one of those Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term thefts, like the one experienced by Bitcoins Reserve. Only this time it wasn't bitcoins.

The founder of buttcoin.org, a satirical site that mocks Bitcoin, says that he was tricked by Butterfly Labs (BFL) into selling them his site. BFL then allegedly proceeded to flip some of the highly damaging negative commentary into praise.

BFL has come under heavy fire for its alleged failure to fulfill orders and process refunds. They are one of several mining equipment manufacturers to have faced legal action. When it comes to their shared disdain for Butterfly Labs, Bitcoiners and Buttcoin set aside their differences, with the latter providing a highly effective forum for complaints of BFL wrongdoing against the former.

Buttcoin.org's founder, which goes by "borderpatrol" on reddit, says that he received an e-mail from a "Jeff" offering to buy the site for "$xx,xxx". He considered this a good deal considering that the site earned practically no revenue and that he was looking invest less time on it. He did his checks to gauge the buyer's sincerity, signed the contract and completed the sale.

The buyer agreed to allow "borderpatrol" to stay on and continue to write for 6 months. However, on the day after the sale, he found his admin access to be locked out. Initially, he received no response from "Jeff" to his inquiries.

Shortly thereafter, he noticed that one of his posts formerly titled "The $22,484.00 Butterfly Labs Mini Rig bitcoin miner is a huge, broken, unstable piece of ****" was changed to "The $22,484.00 Butterfly Labs Mini Rig bitcoin miner is a sexy bitcoin mining machine." Similar treatment was given to two other articles critical of BFL. The articles' text, however, remains inact, as do several other articles critical of BFL.

Jeff later replied that there was "going to be some changes to attract new advertisers."

Buttcoin.org ranks among Google's top search results for searches like "Butterfly Labs", "Butterfly Labs Review" and "Butterfly Labs Scam".

Borderpatrol did some investigation and provides a thorough summary of evidence claiming to link "Jeff" to Jeff Ownby, BFL's VP of Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term.

The actual sale of the site took place 7 months ago, with the suspicious transformations of content observed more recently.

If true, the story reveals much about the amount BFL stands to lose with the continued bad publicity, considering that they were willing to shell out 5 figures up front.