Judge Won't Dismiss AT&T SIM-Swap Lawsuit

Judge Won't Dismiss AT&T SIM-Swap Lawsuit
фото показано с : ethnews.com

2019-7-24 23:54

Los Angeles federal judge Otis Wright II ruled that telecom giant AT&T must answer a lawsuit brought on by crypto investor Michael Terpin who claims to have lost $24 million in cryptocurrencies as a result of a SIM-swap hack.

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sim-swap judge lawsuit claims terpin lost investor

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Фото:

Federal judge refuses to dismiss $224M lawsuit against AT&T for SIM-swap bungle

A US federal judge has rejected AT&T‘s request to dismiss a $224 million lawsuit over a devastating SIM-swapping incident that led to $24 million in stolen cryptocurrency. A press release confirms the communications giant will face court over allegations it violated the Federal Communications Act, a consumer contract, as well as several other laws, when hackers assumed the identity (and telephone account) of cryptocurrency investor Michael Terpin in 2017.

2019-7-23 13:05