2024-2-14 20:55 |
New rules from the SEC and FCC, and the former’s own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe. origin »
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Civil lawsuits against telecom providers such as AT&T are becoming commonplace as the number of SIM swap hacking scandals rises.
2020-6-17 19:27 | |
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A UC-San Diego student is accused of participating in a SIM-swapping scam that defrauded Apple and stole one victim’s crypto.
2020-6-10 21:01 | |
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Terpin told Cointelegraph he was frustrated with AT&T’s ongoing attempts to waste time and money in court to “slow down the day of reckoning”
2020-4-16 06:44 | |
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AT&T will face damage claims from a cryptocurrency investor who lost $24 million in a SIM swap attack in 2018
2020-2-27 16:59 | |
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Another week, another round of Crypto Tidbits. Wow, the past seven days have been quite the trip for Bitcoin, to say the least. After peaking at $10,500 last week, the price of the leading cryptocurrency plunged to $9,700, bounced to $10,300, then took a few hours to crash from that level to $9,250, liquidating hundreds of...
2020-2-23 00:00 | |
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A hacker has drained the account of a Chinese whale of approximately $45 million in a SIM-swap heist. For those in the dark, a SIM swap attack is an act of porting a user’s mobile number to another SIM card in the possession of a hacker without the user’s knowledge. The bad actor is then […]
2020-2-22 17:49 | |
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A Chinese investor lost $45 million in bitcoins and BCH as a result of a hacker attack allegedly via SIM swap. Now the victim tries to find support of miners.
2020-2-26 11:55 | |
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Bitcoin is revolutionary. 'Not your keys, not your coins' and 'Be your own bank' are some of the famous adages in the Bitcoin podosphere. Alas, while Bitcoin lets people be their own bank, taking contThe post $45M in Bitcoin Cash, Bitcoin siphoned off as SIM swap menace continues appeared first on AMBCrypto.
2020-2-22 11:39 | |
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Six U.S. lawmakers have written to the Federal Communications Commission urging it to put pressure on telecoms providers to mitigate the risk of SIM swap attacks
2020-1-11 16:40 | |
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A teenage hacker tapped into 75 mobile phones in a massive identity theft spree which allegedly netted him a million dollars’ worth of crypto assets. Crypto Targeted in Phone Jacking Spree According to reports Brooklyn, New York-based Yousef Selassie stole the identities of 75 people via their smartphones in an effort to steal $1 million in cryptocurrency.
2019-12-19 10:00 | |
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Authorities have arrested a 23-year old man over an alleged SIM swapping scheme targeting crypto execs and investors
2019-12-13 13:24 | |
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Data breaches occur every passing minute of every passing day. From SIM swap attacks on mobile phones to major data breaches that have exposed the confidential information of millions to hackers, protecting our data and our identity has become a top priority for consumers and businesses alike.
2019-11-7 15:36 | |
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Gregg Bennett, a Seattle-based angel investor and bitcoin ‘hodler’ has dragged Bittrex cryptocurrency exchange to court for allegedly aiding a SIM swap attack that allowed hackers to steal his 100 BTC ($923,700).
2019-11-5 10:00 | |
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Seth Shapiro, VideoCoin’s head of strategy, filed a lawsuit on October 17 in U. S. District Court for the Central District of California accusing the telephone company for neglecting to protect his cell phone during a May 2018 hack.
2019-10-30 00:43 | |
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The loss highlights an obvious question for security experts, who wondered why an experienced crypto executive would keep such high sums online.
2019-10-29 22:15 | |
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The cryptocurrency industry is no stranger to hacking, but many hackers choose a hands-off approach, infiltrating systems remotely. However, Seth Sharpiro of VideoCoin recently became the subject of a SIM swapping hack, which he is suing AT&T to resolve.
2019-10-27 19:15 | |
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Michael Terpin wrote an open letter to the FCC chairman, requesting to take decisive action against SIM swapping after a hacker stole $24 million
2019-10-22 04:27 | |
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Telecom operator AT&T has been sued by an individual named Seth Shapiro, a resident of California, claiming to be the victim of a SIM-swap hack, which resulted in a loss of $1.8 million. At&T is the second-largest wireless carrier in the US, with over 153 million subscribers and earning $71 billion in total operating revenues […]
2019-10-21 17:30 | |
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A lawsuit involving stolen crypto and one of America’s largest mobile carriers is moving forward. The $224 million suit involved digital identity theft which resulted in one customer losing s substantial amount of cryptocurrency last year.
2019-7-25 13:15 | |
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A crypto investor who suffered a gut-wrenching $24 million loss in a sim swap hack scored an early victory against wireless carrier AT&T when a judge rejected the telecom giant’s request to dismiss the investor’s $224 million lawsuit, a press release published yesterday stated.
2019-7-23 18:05 | |
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There are numerous ways for cryptocurrency enthusiasts and speculators to lose their funds. In a lot of cases, this is due to an error on their part. However, there are external circumstances which often go beyond the user’s control.
2019-6-21 21:00 | |
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Two weeks before Beaxy Digital LTD was scheduled to begin trading, the crypto exchange experienced a SIM swap hack. According to the exchange, nothing was stolen, and it's set to launch with revamped security.
2019-6-12 22:02 | |
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By CCN: Hackers, many in their teens, have drained the accounts of more than 50 Californian victims in a $35 million SIM swap heist. Officials estimate that in total, $50 million has been stolen in related attacks around the US since the beginning of 2018.
2019-5-23 15:59 | |
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Phone hijacking, also known as SIM swapping, is considered a major threat to digital asset holders. Many cases were registered of phone numbers being ported by the hijackers to gain access to one time passwords and validate transactions or change account passwords.
2019-5-22 19:00 | |
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A group of six hackers by the name “The Community” are to be sentenced to more than 20 years each in prison for stealing more than $2. 4 million worth of cryptocurrencies using multiple SIM swap attacks, Independent IE reported May 13, 2019.
2019-5-14 05:00 | |
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Joel Ortiz, the principal suspect in a Bitcoin theft case, has been sentenced to years in prison according to a release from the office of the District Attorney of Santa Clara County, April 22, 2019.
2019-4-24 23:00 | |
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By CCN. com: A 21-year-old Boston man has been sentenced to 10 years in jail for stealing $7. 5 million in bitcoin and other cryptocurrencies by hacking his victims’ cell phones through a practice called “SIM swapping.
2019-4-23 14:36 | |
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By CCN. com: A 21-year-old Boston man has been sentenced to 10 years in jail for stealing $7. 5 million in bitcoin and other cryptocurrencies by hacking his victims’ cell phones through a practice called “SIM swapping.
2019-4-23 14:36 | |
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According to a recent report, Joel Ortiz, the 20-year-old student from Boston who was indicted by prosecutors in Santa Clara, California, has been sentenced to 10 years in prison in what is believed to be the very first SIM swapping conviction in the United States.
2019-2-6 01:17 | |
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Joel Ortiz is just 20 years old, but he already knows what he will be doing with the next ten years of his life – jail time. Ortiz was recently the thief of $5 million in cryptocurrency, which he took from 40 separate victims by swapping out their SIM cards. However, he did not get […]
2019-2-2 21:21 | |
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A high-profile cryptocurrency theft case and a series of lawsuits associated with it have brought SIM swap hacks to the limelight once again. Nicolas Truglia, the primary suspect of a $24 million-dollar cryptocurrency theft case where BitAngels founder Michael Terpin’s crypto holdings were robbed, was known to live in $6,000 per month rented apartment.
2019-1-21 21:19 | |
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SIM swap hacks are becoming very common in the cryptocurrency space. In a recent case, a hacker was able to steal cryptocurrency worth $1 million from a San Francisco-based victim. The 21-year-old hacker also hacked into the phones of numerous Silicon Valley executives.
2018-11-22 19:29 | |
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A twenty-one-year-old New Yorker has stolen cryptocurrency worth a million dollars from a Silicon Valley executive by exploiting a tactic known as “SIM swapping” to take over phone number accounts by duping wireless carriers.
2018-11-22 14:00 | |
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Leading cryptocurrency investor law firm Silver Miller Law has filed suit against cell phone giants AT&T and T-Mobile on behalf of several digital asset investors who were victims of the identity-theft tactic known as “SIM swapping.
2018-11-10 01:35 | |
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Victims Sue AT&T And T-Mobile Over SIM Swap Hacking Cases A crypto-focused law firm of the United States, Silver Miller, has filed arbitration claims against AT&T and T-Mobile on behalf of victims of SIM swapping hacking cases that led the victims to lose their cryptocurrencies.
2018-11-9 20:56 | |
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A cryptocurrency-focused law firm in the U.S. says it has filed lawsuits against AT&T and T-Mobile on behalf of victims of "SIM swapping" hacks.
2018-11-9 15:10 | |
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Turkish authorities recently arrested a gang of cryptocurrency hackers for hacking victims’ digital currency wallet via sim swap. Sim Swapping Cryptocurrency Syndicate Busted The Turkish authorities recently arrested a group of eleven suspects involved in a virtual currency hack via sim swapping.
2018-11-6 07:19 | |
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Cryptocurrency-related crimes are closely resembling those drawn out of a James Bond movie script. In late September, Oklahoma officials arrested two men, 21-year-old Joseph Harris and 23-year-old Fletcher Robert Childers, for allegedly stealing around $14 million using SIM-swapping methods from Crowd Machine, a blockchain firm.
2018-10-15 17:59 | |
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Yiliang “Peter” Peng, best known as Doublelift in the eSports space, had almost $200,000 worth of cryptocurrency stolen from him in a sim-swap hacking incident, the gamer revealed in a September 14, 2018, YouTube video.
2018-9-22 21:00 | |
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Payfone has been awarded a patent for SIM swap and porting attack prevention technology, which is already being used by organizations to reduce or eliminate fraud. The technology will also help cryptocurrency companies provide more levels of protection to their client’s accounts.
2018-8-29 13:50 | |
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SIM swap fraud and cryptojacking have increasingly become popular methods of cryptocurrency theft among hackers worldwide. In an attempt to deter such attacks, digital identity company Payfone has won a technology patent for SIM swap prevention.
2018-8-28 14:00 | |
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The cryptocurrency investor Michael Terpin is suing the large telecom firm AT&T because his mobile phone was compromised by hackers who stole $24M USD worth of digital assets. Terpin says he was hacked twice in less than a year and employees at AT&T participated in a SIM swap fraud.
2018-8-16 07:25 | |
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A U. S. -based cryptocurrency investor and entrepreneur has filed a multi-million-dollar lawsuit against telecommunications firm AT&T. Michael Terpin believes that he became the victim of a theft in which a large amount of digital currency was taken from him due to the company’s negligence.
2018-8-16 01:00 | |
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Investor Sues AT&T For $224 Million USD Over Crypto Losses The US entrepreneur and crypto investor Michael Terpin has recently filed a $224 million USD lawsuit against the telecom giant AT&T.
2018-8-15 21:11 | |
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Tokenized AI will democratize access to the world’s most valuable resource, argues Brukhman.
My $49k Bitcoin bear thesis, a January check-in, the plumbing is flashing while price bleeds I wrote my medium-term $49,000 bear thesis in late November with one simple idea, Bitcoin still moves in cycles, and the next real “this is the low” moment tends to arrive when miner economics and flows line up at the […] The post I predicted Bitcoin falling to $49k this year and January delivered some very concerning red flags appeared first on CryptoSlate.
A year after issuing an open letter to the incoming Trump administration, crypto law experts reflect on their regulatory advice.
It’s about deposits and who gets paid on them, argues Le.
The following is a guest post and opinion from Artemiy Parshakov, VP of Institutions at P2P. org. How the Institutional View of Self-Custody Is Changing For years, institutional participants largely equated self-custody with retail risk.
If BASE becomes economically tied to COIN, the token would trade not as a memeified L2 token, but as a globally accessible representation of equity-like value.
It would be a mistake to see the incoming wave of aggressive APYs as the new baseline, according to Ron Tarter, CEO of MNEE. This is merely the promotional phase of stablecoins.