Michael Terpin, an American crypto investor, recently filed a $224 million against his phone carrier AT&T for failing to protect his private information and allowing hackers to gain access to his private accounts. Terpin has also accused AT&T's employees of "SIM swap fraud", which caused him to lose $24 million in cryptocurrency. According to Terpin, "In recent incidents, law enforcement has even confirmed that AT&T employees profited from working directly with cyber terrorists and thieves in SIM swap frauds."
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