Federal Trade Commission

Crypto Investor News for 11/17

Source Node: https://www.bitcoinmarketjournal.com/crypto-investor-news-for-11-17/
Time Stamp: November 18, 2021 2:16 PM - Modified On: November 18, 2021 - Published By:
Source Cluster:
Republished By Plato

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding

Massive Ledger Data Leak Increases SIM Swapping Threat

Source Node: https://beincrypto.com/massive-ledger-data-leak-increases-sim-swapping-threat/
Time Stamp: December 21, 2020 2:10 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Hardware wallet manufacturer Ledger has suffered another massive data breach for the second time this year. The exposure of thousands of clients’ personal information has increased the threat of SIM swapping as an attack vector. For the second time this year, personal data from Ledger wallet buyers has been dumped online. The leak was posted by several members of the crypto community who found files allegedly containing the ‘full database’ of Ledger customers containing emails, phone numbers, and even physical addresses. Ledger Data Leaked (Again) Ledger played down the data

AT&T Starts Appeal to Dismiss Crypto Investor’s SIM Swapping Case 

Source Node: https://insidebitcoins.com/news/att-starts-appeal-to-dismiss-crypto-investors-sim-swapping-case/256178
Time Stamp: April 2, 2020 4:44 AM - Modified On: August 29, 2021 - Published By:
Source Cluster:
Republished By Plato

AT&T has moved to have a long-standing negligence case against it dismissed. Earlier this week, the company filed a motion to dismiss claims that it was complicit in a SIM swapping case that resulted in millions in crypto stolen from its customers. The case itself originated back in 2018, when crypto investor Michael Terpin sued the telecoms giant of negligence and accused it of being complicit in two separate SIM swapping operations. A Timeline of Terpin’s CaseAt the time, Terpin claimed to have lost almost $24 million, but was suing the firm