We've covered the bizarre and convoluted history of Infinium Labs and their mysterious Phantom gaming device before. If you haven't been following it, the quick summary is that the company claimed a new type of gaming console that would let users access games via the internet, but a lot of people raised questions about whether or not the device was real, or if the company was really just a front for a stock scam. As the evidence mounted towards it being a scam, the company finally hired some more well respected execs and finally started showing off a device at a few trade shows. However, just as people started to admit they might have been wrong about Infinium being a scam, the company decided to waste time and money suing a website that had written up details about why the company was likely to be a scam. Even though this article had been written months earlier, and had mostly been forgotten, by suing the site, Infinium brought a lot of new scrutiny on themselves from people who searched out and read the article. If there ever really was a device, perhaps they should have spent more time finishing it off rather then suing random websites, as Broadband Reports is now saying that Infinium is out of money.
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