🚀Odaily Planet Daily News, Bitcoin mining company Gryphon Digital Mining recently submitted a pre-motion letter to the U.S. District Court for the Southern District of New York, requesting permission to file a pretrial seizure motion. Gryphon is seeking the $10 million in equity proceeds Sphere 3D recently received from a settlement related to Core Scientific's bankruptcy exit. 💰

Gryphon wants to ensure that the funds can be used against any judgment it may receive as a result of Sphere's alleged breach of contract, which has resulted in losses of at least $30 million. 😱Sphere is accused of violating the exclusivity clause in its agreement with Gryphon by entering into at least four hosting agreements with other providers. 📝(Cointelegraph)