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SIM SWAP SAGA: AT&T BACK ON THE HOOK FOR $24M HEIST The Appeals Court just reopened Michael Terpin's case against AT&T over the 2018 SIM swap hack that cost him $24M. After years of battles, Terpin's still pushing AT&T for $45M in damages. These SIM swap attacks aren’t going… https://t.co/XceSfV9ZKA
AT&T FUMBLES, SIM SWAP SCAM RELOADED Back in 2018, Michael Terpin lost $24M in crypto after some teenage SIM swappers bribed an AT&T employee and got into his wallets. Fast forward: Appeals Court just reopened the case against AT&T - and Terpin's still chasing $45M in… https://t.co/8sZ62UzoO3
A senior I wrote about who lost $140k in a pig-butchering crypto scam just got all his money back. After NPR exposed the practices of the sham investment firm SpireBit, Mass AG sued and was able to seize its crypto wallet: https://t.co/oEmUh66Bsz
Cryptocurrency investor Michael Terpin has sued a recent high school graduate for allegedly stealing $24 million worth of his cryptocurrency through a SIM swap attack. The lawsuit claims that the graduate bypassed the two-factor authentication protecting Terpin's crypto wallet. Terpin is seeking a total of at least $45 million in damages. The legal battle began in 2020 and has seen AT&T accused of failing to protect user information. The Appeals Court has recently reopened the case against AT&T, with Terpin continuing to pursue compensation for the 2018 incident.