Court Blocks Crypto Transfers Linked To Bitcoin SV Attack

By Elise Hansen (August 24, 2021, 6:13 PM EDT) -- The owner of cryptocurrency exchange Bitmart can get a court order preventing suspected hackers from making fraudulent transfers after an attack on the Bitcoin SV network, a New York federal judge said.

GBM Global Holding Co. Ltd. on Monday won a preliminary injunction barring a group of alleged hackers from selling, transferring or disposing of maliciously obtained cryptocurrency. The defendants, whose names have been redacted from public court filings, have not yet made an appearance in the case, the order noted.

"The defendants having not responded and the court having independently reviewed petitioner's submissions, the court concludes that the petitioner's motion...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!