Gryphon Digital is requesting 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 Sphere’s computer system and deceive Gryphon into sending cryptocurrency to the attacker. In addition to seeking dismissal, Gryphon has filed claims against Sphere for breach of contract, negligence, and defamation. The lawsuit comes after a partnership between the two companies, which was intended to merge under the Gryphon brand, fell apart earlier this year. Here are the key points:
– Gryphon Digital is seeking dismissal from a lawsuit filed by Sphere 3D over a scam-related Bitcoin transfer.
– Gryphon alleges that Sphere’s security failures allowed a malicious actor to deceive Gryphon into sending cryptocurrency to the attacker.
– Gryphon has also filed claims against Sphere for breach of contract, negligence, and defamation.
– The lawsuit follows the collapse of a partnership between Gryphon and Sphere, which was intended to merge under the Gryphon brand.
Overall, Gryphon Digital is defending itself against allegations made by Sphere 3D regarding a scam-related Bitcoin transfer, and is claiming that Sphere’s security failures were responsible for the incident.