Monaco token falls 33% in a day

Bitcoin prepaid debit card operator Monaco token decreases due to removal of asset contract 
01 November 2017   1062

Monaco token, which is currently traded at $6.54 and has a market capitalisation of $64,175,249 fell down by 32.71% within last 24 hours. 

Monaco fall charts novemberMonaco Charts

On november 1 there was made an announcement in the official twitter account of Monaco that asset contract is being removed from Monaco roadmap. The statement was made that Monaco's asset smart contract scheme would no longer feature in its future.

Kris Marszalek, a chief executive officer, released a video, giving an explanation for such a move and stating that reasons behind this decision are “legal” and “commercial”.

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   109

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.