Fireblocks Faces Lawsuit for Allegedly Losing $76 Million Worth of ETH

The Israeli cryptocurrency custody company, Fireblocks, is currently facing a lawsuit filed against it by Swiss-based crypto staking platform, StakeHound, for allegedly causing it to lose over $75 million worth of ETH. In a recent report, StakeHound claims that it has lost access to a digital wallet containing more than $75 million worth of ETH that it kept under Fireblocks' custody.

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