AT&T Faces $224 Million Lawsuit Over Alleged Cryptocurrency Heist – Crypto

AT&T ATT


69 Pages of Complaints

Michael Terpin

The 69-page long complaint was filed with the US District Court in Los Angeles. Terpin, who has been the victim of two hacks within the short span of seven months, claims that he lost the money due to:

The investor alleges that after the first hack, the wrongdoer was able to acquire his private phone number because of an “insider cooperating with the hacker.”

Speaking on the matter, the plaintiff noted:

$200 Million in Punitive Damages

Besides the $24 million that Terpin lost to the hacker, the US Investor is allegedly seeking another $200 million in punitive damages.

We dispute these allegations and look forward to presenting our case in court.

The plaintiff is reportedly the co-founder of an angel group for Bitcoin investors known as BitAngels.He’s also the founder of a cryptocurrency fund dubbed BitAngels/Dapps Fund.


Images courtesy of Shutterstock, Twitter

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