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 handle belonging to a fraudster who masqueraded as Sphere 3D’s chief monetary officer in January, and one other eight bitcoin to the identical handle just a few days later. The lawsuit additionally alleges Gryphon supplied “abhorrent” companies to its accomplice and misrepresented Sphere 3D’s computing energy as its personal in public disclosures.

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