Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million
Terpin plans to distribute his letter to a major mobile industry conference.
Terpin claims he lost $24 million in crypto due to AT&T's negligence. The firm says he didn't read the company's policy documents.
AT&T's motion to dismiss Michael Terpin's case was largely dismissed by a California court on Monday.
AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack
Gregg Bennett had never heard of SIM swapping before. Then, one night in April, he learned in the worst way one can.
The loss highlights an obvious question for security experts, who wondered why an experienced crypto executive would keep such high sums online.
Michael Terpin is a serial entrepreneur in marketing and cryptocurrency. His bitcoin endeavors include BitAngels, Bitcoin Syndicate and CoinAgenda. In this article, he looks back on his journey in the bitcoin industry since he first got involved in May 2013. It’s been a little over 16 months since I first set foot in my first […]