Lyons & Simmons Lawyers Obtain a TRO against HashFast Technologies, "Freezing" its Bitcoin Wallets

FORT WORTH, Texas, March 28, 2014 -- A Tarrant County district judge entered a temporary restraining order against HashFast Technologies, LLC and HashFast, LLC, enjoining certain activities related to its Bitcoin wallets.

The TRO, entered on March 27, 2014, was obtained in connection with a lawsuit filed by Cypher Enterprises, a company based in Southlake, Texas. In the lawsuit, Cypher Enterprises claims it ordered—and paid for—Bitcoin mining computers and related hardware developed by HashFast. The complaint alleges HashFast promised the hardware would be delivered by a certain date, and when that date came and went without delivery, Cypher Enterprises cancelled its orders. Having paid for a majority of the orders themselves in Bitcoins, Cypher Enterprises then demanded HashFast issue its refund as paid, but HashFast failed to reply and, to date, has not issued a refund of any kind.

On its website, HashFast claims to be "an industry leader in Bitcoin mining technology" and "the company to watch in Bitcoin mining, a standard-bearer for quality and innovation."

"Outside of the Mt. Gox bankruptcy proceedings, I'm not aware of any other Texas courts which have entered a restraining order like this," says Cypher Enterprises' lawyer, Robert Bogdanowicz. "It speaks to the legitimacy of cryptocurrencies and a growing understanding of their value and importance to businesses."

To learn more about Lyons & Simmons, visit www.deanslyons.com.

    Lyons & Simmons quickly became the glue that held our family together.

    “Lyons & Simmons quickly became the glue that held our family together.”

    - Kelsy
    Staff Was Exceptional & Professional

    “They handled my case with such professionalism that I was very much at ease. I didn’t feel like just a case number or just another client. They were very family oriented which made me feel that they put my family first.”

    - Dianna W.
    Instrumental in Resolving Matters!

    “Michael Lyons, Chris Simmons, and the entire team at Lyons & Simmons have been instrumental in resolving matters over the years with the utmost expertise, professionalism, responsiveness, and care leading to results in my best interest.”

    - Cade M.
    We Are Forever Grateful!

    “Mike Lyons and his team were amazing to work with! He brought us such a great amount of hope in the midst of a difficult situation.”

    - Chelsie H.
    Brilliant Strategist and a Fearless Fighter for Justice

    “Mr. Lyons's predictions regarding the outcome of my case and the timeline were spot on. I was never misled or put on the back burner. He always responded to my questions in a very clear and honest way. He comes highly recommended!”

    - Amy B.

Let Us Make A Difference

Lyons & Simmons Is Here to Help

When you have been injured, every second counts. Speak with one of our nationwide trial attorneys today.

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.