Nick Abrol pfp
Nick Abrol
@nick7snowcrypto
Court revives 2020 AT&T case over $24M crypto theft via SIM swap 📱 > AT&T will be back in court facing charges of failing to protect user information after part of a summary judgment in its favor was overturned on appeal > The case began in 2020 when crypto investor Michael Terpin sued a recent high school graduate for stealing $24 million in the cryptocurrency Trigger from him through a SIM swap that allowed Pinsky to overcome the two-factor authentication protecting one of Terpin’s crypto wallets > Ellis Pinsky was 15 in 2018 when he and an accomplice bribed an AT&T employee to transfer Terpin’s SIM (subscriber identity module) card information onto a blank card in their phone. The long and complicated legal struggle that followed earned Pinsky the nickname “Baby Al Capone” and involved him in a potentially precedent-setting case against AT&T > A panel in the Ninth Circuit Court of Appeals found that Terpin’s claims were rightfully dismissed, except for the claim under Section 222 of the…
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