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AT&T Seeks Dismissal Of $200M in Damages for SIM-Swap Attack
Summary: AT&T, the telecoms giant, is looking to have punitive damages claims of $200 million dismissed in its ongoing court case with cryptocurrency investor Michael Terpin. Terpin asserts that he lost $24 million worth of cryptocurrency in a sim-swap attack as a result of AT&T’s negligence. In response to Terpin’s second amended complaint, which was filed ...
AT&T, the telecoms giant, is looking to have punitive damages claims of $200 million dismissed in its ongoing court case with cryptocurrency investor Michael Terpin.
Terpin asserts that he lost $24 million worth of cryptocurrency in a sim-swap attack as a result of AT&T’s negligence.
In response to Terpin’s second amended complaint, which was filed with the court on March 16, AT&T is looking to have two of his eight claims dismissed, alongside $200 million in punitive damage claims.
By Ramsey Baker
Tags: AT&T,Lawsuit,Michael Terpin,punitive damages
Link: AT&T Seeks Dismissal Of $200M in Damages for SIM-Swap Attack [Copy]