Cryptocurrency Mining Entity Gryphon Digital Responds to Lawsuit Over Bitcoin Loss

Gryphon Digital, a prominent cryptocurrency mining entity, is taking steps to defend itself against a lawsuit filed by its former associate, Sphere 3D. The lawsuit accuses Gryphon of losing 26 Bitcoin (BTC) in a cyber deception scheme, resulting in a loss exceeding half a million dollars. The legal action by Sphere 3D, initiated in April, revolves around an incident in January. Gryphons top executive, Rob Chang, allegedly sent 18 BTC to a fraudster impersonating the CFO of Sphere 3D using a cyber technique known as spoofing. Subsequently, an additional eight Bitcoins were wrongly...

source: https://tokenpost.com/Gryphon-Digital-Defends-Against-Sphere-3Ds-Bitcoin-Fraud-Accusations-10547

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