Crypto miner Sphere 3D has filed a lawsuit against its partner Gryphon Digital Mining after an allegedly spoofing attack led to the irregular transfer of Bitcoin (BTC), according to court documents on April 7.
“Today we filed litigation against Gryphon, the custodial management services provider of our blockchain and cryptocurrency-related services, for materially breaching the Master Services Agreement (“MSA”) we entered into with Gryphon," said Patricia Trompeter, CEO Sphere 3D in a statement for investors, adding that "Gryphon has put the Company’s assets at significant risk and willfully violated their contractual duties.”