Bitcoin miner Sphere 3D announced it filed litigation to sue its business partner Gryphon Digital Mining. They allege to have lost $500,000 worth of Bitcoin due to a spoofing attack.
The lawsuit suggests Gryphon CEO Rob Chang had transferred 18 Bitcoin to a scammer who posed as Sphere 3D’s CFO in January. Sphere 3D also claims that an additional eight Bitcoin was lost in a similar manner just a few days later.
They make further allegations that Gryphon provided poor services to its partner and lied about the Bitcoin miner’s computing power in public disclosures.