LEAWOOD, Kan. (AP) — A Kansas bitcoin company that was shut down after being sued by the federal government will be allowed to resume some of its business, a federal judge has ruled.
U.S. District Brian C. Wimes on Thursday allowed Leawood-based Butterfly Labs Inc. to reopen for limited operations. Its assets were frozen and a federal receiver was given temporary control of the company on Sept. 18 after the Federal Trade Commission sued, alleging that Butterfly defrauded up to 20,000 customers out of between $20 million and $50 million, The Kansas City Star reported (http://bit.ly/1viqMRR ).
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