Express

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

Last Update:

Tags: ,,,
Link: AT&T Seeks Dismissal Of $200M in Damages for SIM-Swap Attack   [Copy]
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 5 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 6 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 13 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.