Tagged: michael terpin

Two Young SIM-Swap Hackers Charged in Massachusetts

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

Crypto Investor & Sim Swap Hack Victim Michael Terpin Publishes Open Letter to Ajit Pai, Chairman of the FCC

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

Another Civil Case Launched Against AT&T for Allegedly Failing to Prevent Crypto Theft

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

Coinbase UK Settles Lawsuit After Being Forced to Freeze Stolen Bitcoins Settles Lawsuit

Coinbase UK has settled a lawsuit with the CEO of Alphabit regarding Coinbase’s alleged handling of Bitcoins worth almost $1 million USD that were allegedly stolen from Alphabit by hackers in July, Law 360 reports. Alphabit is UK-based “crypto-asset investment company” that claims to manage… Read More

Michael Terpin’s $224 Million Lawsuit Against AT&T Pertaining to $24 Million SIM Swap Theft of Crypto Proceeds in Federal Court

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

Report: Michael Terpin Wins $75.8 Million Civil Judgement Regarding Crypto Theft via SIM Swap Hack

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

REACT: Five SIM-Swap Crypto Hackers Arrested in US in 2018, Dozens at Large

A sergeant from the Silicon Valley-based Regional Enforcement Allied Computer Team (REACT) says 5 hackers, aged 18-26, who collectively stole $50 million USD in cryptocurrencies by taking over victims phones were arrested in 2018, The New York Post reports. Two of the more infamous alleged… Read More

Going in Hot: Michael Terpin to Use RICO Act in Pursuit of Justice against Alleged SIM Swap Crypto Fraudster Nicholas Truglia

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

Cryptocurrency SIM-Swap Hack Victims Band Together Against Telcos with New Website

People who lost millions in cryptocurrencies to hackers that hijacked their cellphones are collaborating to educate the public and strike back against Telecom companies they say aren’t doing enough to prevent the hacks, Motherboard reports. Crowdfund Insider has reported on numerous cryptocurrency thefts involving the… Read More

How Poor Treasury Management is Killing ETH

2017 was a landmark year for crowdfunding. The JOBS Act passage coincided with blockchain, opened the door for a record in capital raised through ICOs (initial coin offerings) for early stage companies as well as Wantrepreneurs with an idea and a whitepaper.  ICOs were launched… Read More

Investor & Crypto Advisor Sues AT& T for $224 Million for Gross Negligence in Cryptocurrency Theft

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

Cointopia: A Fully Compliant Initial Coin Offering Platform Launched by Big Crypto Names

There is a rapid push to standardize and professionalize the initial coin offering (ICO) market. As competition heats up, you no longer can add Blockchain to your name and expect immediate token success. You need to have a reputable team in place and you need… Read More

Bitcoin & Digital Currency Conference CoinAgenda Global Announces Startup Competition Winners

Organizers of the bitcoin and digital currency investor conference, Coinagenda, announced on Wednesdays the winners of this year’s startup competition. The event included more than 40 contestants, many of which are currently preparing to launch ICOs.  Coinagenda is described as a new conference that combines the… Read More

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