Bitcoin Miner Sphere 3D Sues Companion Gryphon Digital

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The criticism, filed with the Southern District of New York on Friday, alleges Gryphon CEO Rob Chang wired 18 of Sphere 3D’s bitcoin to an deal with belonging to a fraudster who masqueraded as Sphere 3D’s chief monetary officer in January, and one other eight bitcoin to the identical deal with just a few days later. The lawsuit additionally alleges Gryphon offered “abhorrent” companies to its companion and misrepresented Sphere 3D’s computing energy as its personal in public disclosures.

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