Tag: sim swapping

US Cryptocurrency Investor Wins Over $75 Million in Sim Swapping Hack Case

  • United States cryptocurrency investor Michael Terpin has won over $75 million in a lawsuit against 21 year old Nicholas Truglia, Reuters reported last Friday.
  • According to the report, Terpin's cryptocurrencies, which were worth around $23.8 million at the time, were stolen in a SIM-swap scam in which Truglia allegedly transferred Terpin's phone number under his control, reset his passwords and accessed his online account.