Fireblocks faces lawsuit over deleted keys to $72M Ether wallet

Fireblocks faces lawsuit over deleted keys to $72M Ether wallet

The crypto-custody firm claims that it was the client’s responsibility to back up the private keys. Crypto-custody firm Fireblocks is facing legal action by a firm that claims it was locked out of its wallet containing a substantial amount in crypto assets.Crypto staking platform StakeHound claims that negligence by a Fireblocks employee resulted in tens of millions of dollars worth of crypto assets being lost without any backup available. Fireblocks is an Israeli-based company that provides custody services for businesses and which is working on speeding up digital transactions.StakeHound....


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