AT&T Seeks Dismissal of $200M in Damages for 2018 SIM-Swap Attack

Cointelegraph

Published Apr 01, 2020 07:30AM ET

Updated Apr 01, 2020 09:40AM ET

AT&T (NYSE:T) is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael Terpin — who asserts he lost $24 million in crypto as a result of AT&T’s negligence in 2018.

In response to Terpin’s second amended complaint — filed with the court on March 16, AT&T is seeking to have two of his eight claims dismissed, alongside $200 million in punitive damage claims.

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