US Blockchain Investor Terpin Awarded Over $75 Million in SIM Swapping Case

United States blockchain and crypto investor Michael Terpin has won $75.8 million in a civil case against 21-year-old Nicholas Truglia, who reportedly defrauded him of crypto assets. Reuters reported the news on May 10.Per the report, the California Superior Court last week ordered Manhattan resident Truglia to pay the amount above in compensatory and punitive…

Coinbase Just Paid a $30K Bounty for the Discovery of Critical Bug

news San Francisco-based cryptocurrency exchange desk Coinbase has just forked out a $30,000 bounty to the finder of a critical bug in its systems. As reported by The Next Web, the bounty is the latest to be posted on vulnerability coordination and bug bounty platform HackerOne. Previously a large number of smaller bounties, mostly in the…

Victims Sue AT&T, T-Mobile Over ‘SIM Swap’ Crypto Hacks

Silver Miller. a cryptocurrency-focused law firm based in the U.S., says it has filed arbitration claims against AT&T and T-Mobile on behalf of victims of “SIM swapping” cellphone hacks. Initiating the court actions on behalf of clients that have lost funds to criminals that used the increasingly common method of infiltrating mobile devices to access cryptocurrency…