A spoofing assault cost #bitcoin #mining business #Sphere 3D $500,000 in bitcoin, and the company is suing Gryphon Digital Mining for failing to act in the partnership's best interests, only losing $500K BTC. In a statement, Trompeter remarked:

“Today’s filing demonstrates that we will not only protect the company that we all have worked so hard to navigate through the past year but also that we will not be bullied or threatened by the likes of Gryphon.”

The complaint claims that Gryphon sent a hacker acting as Sphere 3D's CFO $500,000 in bitcoin that belonged to its business partner. Rob Chang, the CEO of Gryphon, wired eight more bitcoin to the same location a few days later after sending 18 bitcoin from Sphere 3D to a scammer posing as the company's CFO in January. On Friday, the Southern District of New York received the complaint. The lawsuit also claims that Gryphon provided its partner with "abhorrent" services and that it overstated its computer power in public disclosures.

Gryphon allegedly "panicked when Sphere suggested that the incident be reported to law enforcement, including the Federal Bureau of Investigations ('FBI'), insisted that the matter could be handled between the parties, and demanded that no one report the theft to the authorities," according to Sphere 3D's additional allegations.

The lawsuit also claims that Gryphon evaded its obligations under the MSA, provided reprehensible management services, and skimmed off the top from Sphere's assets while dutifully collecting its high Management Fee.

The attorneys for Sphere 3D are claiming damages "in excess of $75,000, exclusive of interest and costs," according to the lawsuit.

This news is republished from https://coinaquarium.io/

All winners of the Quantum Hunter IDO whitelist have got letters to the email. Full information will be posted today a few hours before the start of IDO.

The winners of the $QH token draw will be announced at the end of the week.

#Sphere #CryptonResearchBot

Today at 15:00 (UTC), the first round will begin with a one-time guaranteed purchase in the amount of $493.8. Tomorrow at 03:00 (UTC), the second round should take place for those who have time to buy the first one in the amount of $2000.

#Sphere #CryptonResearchBot

Announced 6 new IDO projects in two networks. IDO in the Solana network:

- Eggheads ($LEARN) is an educational Learn 2 Earn platform;

- Collector ($COLL) is a bridge between real items and their digital copy;

- Bitbraw ($BRAWL) is a P2E PVE game;

- Gigco ($GIG) is a Web3 music streaming platform.

IDO in the BNB network:

- Quantum Hunter ($QH) is a P2E PVE game created by AI;

- Butterfly Effect ($BFET) is an educational Learn 2 Earn platform. 

There are no details of the token sale at the moment.

#Sphere #CryptonResearchBot