Gryphon Digital has requested dismissal from a lawsuit filed by its former partner, Sphere 3D, over a scam-related Bitcoin transfer. Gryphon claims that the incident was caused by Sphere’s security failures, which allowed a malicious actor to access their computer system and deceive Gryphon into sending cryptocurrency intended for Sphere to the attacker. In addition to seeking dismissal, Gryphon has filed claims against Sphere 3D for breach of contract, negligence, and defamation. The lawsuit comes after a partnership between the two companies, which began in August 2021, and was later scrapped in April 2022.
– Gryphon Digital is seeking dismissal from a lawsuit filed by Sphere 3D over a scam-related Bitcoin transfer.
– Gryphon claims that Sphere’s security failures allowed a malicious actor to deceive them into sending cryptocurrency to the attacker.
– Gryphon has also filed claims against Sphere 3D for breach of contract, negligence, and defamation.
– The lawsuit follows the dissolution of a partnership between the two companies in April 2022.