Cryptocurrency investor Michael Terpin sued AT&T over a SIM card attack in 2018 that lost him control over $23 million.
Now Bloomberg reports that he’s suing the “15-year-old hacker and his crew of ‘evil computer geniuses'” behind the attack. (Alternate source)
Terpin, the founder and chief executive officer of blockchain advisory firm Transform Group, is suing Ellis Pinsky, now 18, for $71 million under a federal racketeering law that allows for triple damages. “Pinsky and his other cohorts are in fact evil computer geniuses with sociopathic traits who heartlessly ruin their innocent victims’ lives and gleefully boast of their multi-million-dollar heists,” Terpin said in his complaint filed Thursday in federal court in Manhattan.
Pinsky, of Irvington, New York, couldn’t be reached for comment….
According to Terpin. Pinsky’s ring identifies people with large cryptocurrency holdings and gains control of their phones by bribing or fooling employees of their wireless carriers. The hackers are then able to intercept authentication messages, gain information and drain the victims’ cryptocurrency accounts.
Pinsky has boasted to friends that, starting at age 13, he stole more than $100 million worth of cryptocurrency, hundreds of thousands of dollars of which has been converted into cash stored in his bedroom, the lawsuit alleges. Terpin also claims that, after confronting Pinsky about his alleged role in the theft, the teenager sent him cryptocurrency, cash and a watch with a combined value of $2 million. He claims this was an admission by Pinsky that he had stolen from Terpin.
of this story at Slashdot.
Source:: Slashdot