The complaint, filed with the Southern District of New York on Friday, alleges Gryphon CEO Rob Chang wired 18 of Sphere 3D’s bitcoin to an address belonging to a fraudster who masqueraded as Sphere 3D’s chief financial officer in January, and another eight bitcoin to the same address a few days later. The lawsuit also alleges Gryphon provided “abhorrent” services to its partner and misrepresented Sphere 3D’s computing power as its own in public disclosures.
Source: https://www.coindesk.com/business/2023/04/07/bitcoin-miner-sphere-3d-sues-partner-gryphon-digital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines