BTC-e renounced relation with A. Vinnik again

BTC-e commented on the allegations made against the detainee Russian citizen Alexander Vinnik
14 September 2017   1339

Well known cryptocurrency exchange BTC-e commented on the allegations made against the Alexander Vinnik, once again declaring that he is not the leader or the creator of the platform. This is reported by the RT.

We want to report that on September 6, 2017, we learnedabout the officially launched accusations by the US government against our company and Alexander Vinnik from public sources. In this regard, the BTC-e declares that since its inception the company has been carrying out its activities within the requirements and norms of the legislation of those countries where it was registered. Alexander Vinnik is not its creator or owner of the company. 

BTC-e team

The company noted that from now on BTC-e will take all necessary measures to protect its employees and its business reputation.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   125

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.