Crypto investor Michael Terpin has filed an opposition to telecom giant AT&T’s motion to strike out his $200 million punitive damages claim in the long-running SIM swap case. Crypto investor Michael Terpin has filed an opposition to telecom giant AT&T’s motion to strike out his $200 million punitive damages claim in the long-running SIM swap […]
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Due to a proposed tax plan and a multimillion-dollar hack, it’s been a rough couple of weeks for BCH. Each crypto token commands a small army of fierce supporters. For many, the sole cryptocurrency that is worthy of such staunch support is Bitcoin (BTC). But what truly is Bitcoin, what is its purpose, and how […]
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A federal judge has backed multiple claims against telecom giant AT&T for failing to secure the data of the victim of a $24 million cryptocurrency theft. On Feb. 24, a California federal judge ruled that cryptocurrency investor Michael Terpin can proceed with his lawsuit against telecom corporation AT&T over a $24 million SIM hacking incident. […]
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Bitcoin is battling to resume its bullish trend, and Vitalik Buterin reveals the details of the Ethereum 2.0 roadmap to Cointelegraph. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — […]
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A SIM card attack reportedly sees a total of $45 million stolen, while the consequences for Bitcoin Cash will be severe, warns Dovey Wan. Altcoin Bitcoin Cash (BCH) has become the subject of intense speculation after a major investor claimed he lost $30 million in a wallet hack. In a now-deleted Reddit post from Feb. […]
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A Canadian teenager has been charged with participating in a crime ring that stole over $50 million in cryptocurrencies, targeting Consensus 2018 attendees. An eighteen-year-old from Montreal is facing four criminal charges connected to a $50 million SIM-swapping scam targeting cryptocurrency holders, Infosecurity Magazine reported on Jan. 17. The hacker, Samy Bensaci, is accused by […]
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U.S. Department of Justice arrested two Massachusetts men for allegedly taking over victims’ social media accounts and stealing their cryptocurrency via SIM swapping. The United States Department of Justice has arrested and charged two Massachusetts men for allegedly taking over victims’ social media accounts and stealing cryptocurrency. According to the announcement on Nov. 14, the […]
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Two AT&T employees have been accused of indulging in illegal SIM swap-related activities. Cointelegraph spoke with Seth Shapiro. Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the […]
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SIM swapping victim Michael Terpin wrote an open letter to FCC Chairman Ajit Pai to take action against this type of fraud. SIM swapping victim Michael Terpin wrote an open letter to the United States Federal Communication Commission (FCC) Chairman Ajit Pai. In his letter, posted by Coindesk on Oct. 21, Terpin requested that the […]
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Verizon has won a patent in the United States for technology that can create blockchain-based virtual SIM cards. Leading communications and technology company Verizon has been awarded a patent for using virtual subscriber identity modules (vSIMs) for customers’ devices. A filing with the United States Patent and Trademark Office on Sept. 10 details a blockchain […]
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