Lawsuit Was Filed Against T-Mobile

Customer filed a lawsuit against the telecoms company T-mobile due to the security breach
06 February 2018   1059

On Sunday, a customer sued T-Mobile, claiming that the company’s lack of security allowed hackers to enter his wireless account and steal crypto worth thousands of dollars.

The lawsuit states that T-Mobile allowed hackers to access Carlos Tapang’s  wireless account in November 2017.

The hackers managed to cancel Tapang’s number and transferred it to an AT&T account under their control. Carlos insists that T-Mobile was unable to fix this security breach until the next day. After gaining control of his phone number, the hackers changed the password on one of Tapang’s cryptocurrency accounts and stole 1,000 OmiseGo (OMG) tokens and 19.6 BitConnect coins. The hackers converted them into Bitcoin, netting them 2.875 BTC.

The suit states that T-Mobile was partly responsible for the theft because the carrier said it would add a PIN code to Tapang’s account prior to the incident, but didn’t actually implement it. The victim also said that the hackers called T-Mobile’s support line to gain access to his accounts without identity verification.

The lawsuit doesn’t detail how exactly the hackers were able to access Tapang’s account.

Companies such as T-Mobile which are providing these services to their customers must implement tougher security measures to protect themselves from lawsuits and their clients from crypto hackers.

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   46

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 
 

Craig Wright

"Satoshi"

Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.