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AT&T Seeks Dismissal Of $200M in Damages for SIM-Swap Attack

Ramsey Baker

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

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Link: AT&T Seeks Dismissal Of $200M in Damages for SIM-Swap Attack   [Copy]
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