In a case that dates back to 2018, crypto investor Michael Terpin will receive $22 million from a 15-year-old hacker that used SIM-swapping to steal more than $24 million worth of crypto. By oknightcrypto, cryptowords
A 15-year-old crypto hacker, who swindled crypto investor Michael Terpin out of millions, has agreed to pay $22 million to the victim, according to a court filing in the Southern District of New York.and involved an elaborate SIM-swap scheme that targeted mobile operator AT&T , which ultimately resulted in Terpin losing cryptocurrencies worth $24 million.
The hacker confirmed his direct involvement in the SIM-swap and subsequent theft, according to the court filing, which has been signed by both Terpin and the hacker. A detailed account of how the AT&T SIM-swap occurred will also be provided by the 15-year-old. Terpin's attorney, Tim Toohey, said that he hopes that with this detailed information AT&T will take responsibility for security failures that led to the breach.from Terpin. All remaining claims against the hacker, other than the New York state law claim for conversion, will be dismissed.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
San Antonio man, woman plead guilty to SIM swap schemeThrough the scheme, the pair transferred at least $250,000 worth of cryptocurrency out of the victims' accounts.
Weiterlesen »
Ethereum price eyes 35% rally after 6,000 ETH gets burned in one weekEthereum's new supply turns deflationary for the first time since the Merge.
Weiterlesen »
San Antonio man, woman plead guilty to SIM swap schemeThrough the scheme, the pair transferred at least $250,000 worth of cryptocurrency out of the victims' accounts.
Weiterlesen »
Mastercard Focusing on 5 Key Areas to Turn Crypto Into 'an Everyday Way to Pay' – Featured Bitcoin NewsMastercard says it is working on five key crypto areas in order to 'turn cryptocurrencies into an everyday way to pay.' cryptocurrency bitcoin
Weiterlesen »
US committed to 'two-state solution' between Israel, PalestineUS remains committed to achieving a two-state solution along 1967 lines for the Israel-Palestine conflict, a senior US official says, underlining so-called Abraham Accords have no bearing on the dispute
Weiterlesen »