Greenberg Traurig's Strategy to Recover $4M in Malicious Email Spoofing Attack
"This will be important for people to look at because … I think it will be one of those test cases in the blockchain space," said Dr. Tonya M. Evans, a tenured law professor at Penn State Dickinson Law.
September 03, 2024 at 05:07 PM
4 minute read
The original version of this story was published on The Recorder
What You Need to Know
- Greenberg Traurig filed a lawsuit against John Doe on behalf of Nibi Inc.
- Nibi is seeking to recover more than $4 million stolen in a malicious email spoofing attack.
- A general counsel attorney for a blockchain company said the case exemplified the challenges companies in the cryptocurrency space face when securing banking partners.
An Am Law 100 firm filed a lawsuit in federal district court in California on behalf of a corporation that develops software related to the Nibiru Chain and is seeking discovery to uncover the players behind a $4 million malicious email spoofing attack.
"This will be important for people to look at because … I think it will be one of those test cases in the blockchain space," said Dr. Tonya M. Evans, a tenured law professor at Penn State Dickinson Law who is an expert on crypto law and policy. Evans is not involved in the action filed by the plaintiff, Nibi Inc., against the defendant, John Doe.
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