Tagged: at&t

December 8, 2022 @ 10:33 am By JD Alois  |  

The long saga of Michael Terpin’s battle against SIM Swap fraudsters and allegations that AT&T shoulders much of the blame, saw one chapter closed this past week as the courts ordered perpetrator Nicholas Truglia (25) to repay $20.379 million Terpin. He has also been sentenced… Read More

October 21, 2022 @ 9:37 am By JD Alois  |  

This week, the US Department of Justice sentenced two individuals for a plot to steal crypto in a SIM Swap scam. SIM Swaps became a hot fraud ploy several years back as a way to steal digital assets – easily moved once stolen. Perps would… Read More

February 18, 2022 @ 11:42 am By JD Alois  |  

SIM Swap fraud has been prevalent for years now targeting both traditional financial services as well as crypto investments. The scam is where a criminal hijacks your mobile phone by using a new SIM card affiliated with your phone number. Once accomplished, two-factor authentication goes… Read More

April 14, 2020 @ 11:09 pm By JD Alois  |  

The ongoing lawsuit regarding a SIM Swap scam filed by Michael Terpin against AT&T Mobility took another step forward this week. Earlier this year, it was ruled that plaintiff Terpin can proceed with statutory, contract, and tort damages claims against AT&T Mobility for $24 million… Read More

February 25, 2020 @ 10:35 pm By JD Alois  |  

According to a release, Michael Terpin’s lawsuit targeting mobile service provider AT&T will move forward. The case involves a SIM Swap fraud that Terpin believes AT&T could have easily halted. This week, Judge Otis Wright II ruled that plaintiff Michael Terpin can proceed with statutory,… Read More

November 14, 2019 @ 7:00 pm By Cali Haan  |  

Two young men from Massachusetts have been charged in an 11-count indictment for crimes relating to the theft of over $550,000 USD in cryptocurrencies from, “at least 10 identified victims.” Eric Meiggs, 21, and Declan Harrington, 20, allegedly executed the thefts via SIM-swap attacks, a… Read More

October 21, 2019 @ 9:37 pm By JD Alois  |  

Michael Terpin, well known within the cryptocurrency industry, was a victim of a serious theft of crypto several years ago as approximately $24 million in crypto was stolen from his accounts via a Sim Swap hack. Terpin went on to file a lawsuit against AT&T… Read More

October 21, 2019 @ 9:10 pm By Cali Haan  |  

A plaintiff called Seth Shapiro is suing telco giant AT&T (NYSE:T) for its role in allegedly allowing hackers to access his cellphone on four occasions and enable the theft of $1.8 million USD in cryptocurrencies from his crypto exchange accounts. SIM-swapping is a type of hack… Read More

July 23, 2019 @ 1:41 pm By JD Alois  |  

The Judge engaged in the SIM Swap lawsuit against AT&T Mobility has denied a request by AT&T to dismiss the case. The case, Terpin v. AT&T Mobility, pertains to a $24 million loss of cryptocurrency that was facilitated by SIM Swap fraud. Terpin is requesting… Read More

May 23, 2019 @ 9:35 pm By Samantha Hurst  |  

Telecommunications giant AT&T announced on Thursday it is now accepting cryptocurrency payments through global blockchain payments provider BitPay. AT&T claims it has become the first major U.S. mobile carrier to provide a cryptocurrency payment option to customers. As previously reported, BitPay’s platform gives businesses and… Read More

May 11, 2019 @ 10:49 am By JD Alois  |  

Michael Terpin, a prominent cryptocurrency advocate and founder of Marketwire, has won a whopping $75.8 million civil judgment against SIM Swap perp Nicholas Truglia, according to a report in Reuters referencing court documents.  In the theft, Terpin was fleeced of approximately $24 million in crypto… Read More

January 20, 2019 @ 6:01 pm By JD Alois  |  

SIM Swap fraud is a pressing problem not only in the crypto world but identity fraud in general. A fairly new scam, the con is hatched when a criminal takes over an individual’s mobile phone by cloning the hardware. Once the perpetrator controls the mobile… Read More

September 28, 2018 @ 7:44 pm By Samantha Hurst  |  

AT&T announced earlier this week the launch of its blockchain solution suite. According to the telecommunication giant, The suite was designed to work with technology both IBM and Microsoft. Through the suite, enterprise customers may automate and digitalize their business processes using blockchain technologies. AT&T… Read More

August 15, 2018 @ 5:27 pm By JD Alois  |  

Michael Terpin, an investor, crypto advisor and founder of Marketwire, has thrown down the gauntlet with AT&T over a massive cryptocurrency threat. In a tweet, Terpin states; “Somebody needed to sue AT&T for fraud and gross negligence in letting criminals SIM swap. I just did.”… Read More

April 25, 2016 @ 3:39 pm By Samantha Hurst  |  

Last week, the AT&T announced that it has “flash funded” California earth science projects that are currently on DonorsChoose as part of AT&T Aspire’s Earth Day festivities. In total, 65 projects were fulfilled, which benefited over 11,000 6th-12th grade students with a total grant of $50,000. Ken McNeely, president… Read More

August 27, 2014 @ 10:20 am By Samantha Hurst  |  

GNS3 Technologies has to announces that their crowdfunding campaign on Tilt Open has achieved record breaking status. GNS3’s modest $35,000 goal was surpassed by 1400%, raising over $600,000 from 13,000 contributors from more than 80 countries. The funding will help to further develop the GNS3… Read More