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Unformatted text preview: had been hacked (Enos “Internet…”). The website displayed a message that
read, “We are currently unable to process your transaction. Check back for further
updates. We apologize for this inconvenience,” (Enos “Internet…”).
Once customers were notified that their Flooz was worthless, they were outraged.
One woman posted on MyCoupons.com saying, “I lost about $350.00… I am so sick
right now. I was saving this money for Christmas presents. How could they do this to
people?” (Enos “Flooz…”). Some consumers were able to get a refund from their credit
card companies but others filed claims against the company in bankruptcy court (Enos
The company called it quits on August 26th 2001 and filed for bankruptcy. R.I.P. Works Cited Bruning, K.C. "What Is Internet Currency?" WiseGeek. WiseGeek, n.d. Web.
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This document was uploaded on 03/18/2014 for the course IST 486 at Syracuse.
- Fall '14