Daily Trade News

Court Favors Bitmart Over Alleged Bitcoin SV Hackers By CoinQuora



© Reuters. Court Favors Bitmart Over Alleged Bitcoin SV Hackers
  • A U.S. District Court judge granted a preliminary injunction to Bitmart.
  • Judge Alison J. Nathan granted the motion after the defendants did not respond.
  • The attack was done back in July where alleged hackers “double-spent” their coins.

The SV hack issue back in July resurfaced in the form of a court battle. GBM Global Holding Co. Ltd, the owner of Bitmart exchange was granted a preliminary injunction by U.S. District Court Judge Alison J. Nathan. The motion was granted after the defendants did not respond.

Back in July, the alleged hackers attacked the Bitcoin SV blockchain. As a result, they were able to double-spend their coins. At the moment, Bitmart froze the addresses that are linked to the hack.

While other exchanges seemingly stopped giving attention to Bitcoin SV, Bitmart wasn’t done. Back in July, Bitmart filed for injunctive relief. Th…

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Read More: Court Favors Bitmart Over Alleged Bitcoin SV Hackers By CoinQuora