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    ESP Blockchain Journal
    Home»Noticias»A cryptocurrency investor received $ 75.8 million of compensation in a SIM fake case

    A cryptocurrency investor received $ 75.8 million of compensation in a SIM fake case

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    By BlockchainJournal on mayo 13, 2019 Noticias
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    The founder of the Bitcoin-investor group BitAngels, Michael Turpin, through court, obtained payment of $ 75.8 million of compensation in a lawsuit against Nicholas Truil, who stole his cryptocurrency from him through a SIM swap. Reported by the Cointelegraph .

    A California court of highest instance found that Trulia and other participants in the fraudulent scheme stole Turpin’s assets, gaining control of his phone number. Nicholas Truil himself was arrested in November 2018 for stealing $ 1 million in cryptocurrencies, including by faking SIM-cards.

    Recall Michael Turpin filed a complaint against Truly at the end of December. Prior to this, in August 2018, he accused the telecommunications giant AT & T of assisting criminals in stealing his cryptoactive assets, claiming damages of $ 24 million .

    Add that in February 2019 a court in California sentenced to 10 years in prison a 20-year-old college student, who used the method of replacing a SIM card to steal more than $ 5 million in cryptocurrency.

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