A New York court granted a request from the Bitmart cryptocurrency exchange to ban hackers from making transactions using BSV coins obtained as a result of the attack on the blockchain in July.
The fraudulent BSVs were first discovered on July 8 by the Bitcoin Association supporting the development of Bitcoin SV. They were created as a result of a double spend attack on the Bitcoin SV blockchain. Bitmart has detected fraudulent transactions on at least eight marketplaces, including Binance, Huobi, Okex, and Kucoin.
At the end of July, the operator of the Bitmart cryptocurrency exchange GBM Global Holdings appealed to the federal court in New York to impose a ban on hackers from making transactions using these BSVs. A US District Court judge ruled in favor of GBM Global Holding this week.
Alleged hackers, whose names are not publicly disclosed and edited in court documents, are prohibited from moving “extra” BSVs. The motion was granted by Judge Alison J. Nathan after the defendants in the case ignored the court request.
In July, Bitmart announced that 43 users of the exchange in the United States were affected by hacker attacks on the Bitcoin SV network and effective reorganization of transactions that have already occurred. As a result, attackers could spend coins twice. According to court documents, hackers have begun moving assets between exchanges, including Binance and Huobi. Bitmart has frozen 92 accounts associated with the alleged attack.
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