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The plaintiff in a $ 224 million lawsuit against the AT & T wireless operator turned her attention to a new goal. The legal team of Michael Terpin has filed a second lawsuit, this time against 21-year-old Nicholas Truglia, nicknamed the "bitcoin bandit" by the New York press. The Manhattan resident, who was arrested in November in connection with unrelated SIM exchanges, is now the target of a $ 81 million lawsuit seeking to invoke the RICO law and seize the new defendant with the racket charge.
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Bitcoin Bandit Faces Fresh Legal Woe
Michael Terpin is recent cause, filed at the California Superior Court on December 28, 2018, appoints the defendant who holds responsible for the theft of his cryptocurrency through a social engineering attack. Terpin fought an ongoing battle against the AT & T network operator for his complicity in facilitating the unauthorized transfer of his cell phone number to the thief's receiver. The incident allowed the attacker, which Terpin believes to be Nicholas Truglia, to steal $ 24 million of cryptocurrency.
In December, news.Bitcoin.com reported on the extradition of Truglia in California to face charges of stealing $ 1 million cryptocurrency through the exchange of SIM, noting that "high-profile figures Truglia is accused of targeting Saswata Basu in this way , CEO of 0Chain, and Gabrielle Katsnelson, co-founder of SMBX. "This week, Michael Terpin shared his reasons for presenting the latest lawsuit with news.Bitcoin.com.
When asked if the $ 81 million RICO Act transaction and the Truglia racket practice influenced the ongoing lawsuit against AT & T in any way, Terpin noted that the two cases are independent actions, but "we expect to obtain evidence in this case that will strengthen our claims against AT & T. Obviously, any funds we will recover from this cause may rectify the amount of primary damage that we can be rewarded with AT & T, but most of our claims in their regard it concerns punitive damages ".
<img class = "aligncenter size-large wp-image-278040″ title=”Plaintiff in AT & T SIM-Swap Case Cause & # 39; Bitcoin Bandit & # 39; for $ 81 million” src=”https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01-19-at-17-12-47-1024×339.png” alt=”Plaintiff in AT & T Currency exchange SIM Bitcoin Bandit for $ 81M "width =" 696 "height =" 230 "srcset =" https://news.bitcoin.com/wp-content/uploads/2019/ 01 / screenshot -2019-01-19-at-17-12-47-1024×339.png 1024w, https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01-19 -at- 17-12-47-300×99.png 300w, https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01-19-at-17-12-47- 768×255.png 768w, https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot-2019-01-19-at-17-12-47-696×231.png 696w, https: // news.bitcoin .com / wp-content / uploads / 2019/01 / screenshot-2019-01-19-at-17-12-47-1392×461.png 1392w, https://news.bitcoin.com/wp-content / uploads / 2019/01 / screenshot-2019-01-19-at-17-12-47-1068×354.png 1068w, https://news.bitcoin.com/wp-content/uploads/2019/01/screenshot- 2019-01 -19-at-17-12-47-1267×420.png 1267w "sizes =" (maximum width: 696px) 100vw, 696px”/>
$ 60 million in Crypto on Two Trezors
A treasure of documents presented by Terpin's lawyers, Greenberg Glusker, outlines an enthralling prima facie case against the so-called bitcoin bandit. This includes a former friend of the twenty-one who provides a statement that recalls that "Nick [Truglia] he showed me two keys (Trezors). One had over $ 40 million in cash worth of various scrambles, and the other had over $ 20 million in cash worth of various scrambles. "
<img class = "alignright size-medium wp-image-100090″ title=”Plaintiff in AT & T SIM-Swap Case Cause & # 39; Bitcoin Bandit & # 39; for $ 81 million” src=”https://news.bitcoin.com/wp-content/uploads/2018/01/trezor-300×297.jpeg” alt=”Plaintiff in AT & T SIM Bitcoin Bandit exchange case for $ 81M "width =" 300 "height =" 297 "srcset =" https://news.bitcoin.com/wp-content/uploads/2018 / 01 / trezor -300×297.jpeg 300w, https://news.bitcoin.com/wp-content/uploads/2018/01/trezor-150×150.jpeg 150w, https://news.bitcoin.com/wp-content / uploads / 2018 /01/trezor-768×759.jpeg 768w, https://news.bitcoin.com/wp-content/uploads/2018/01/trezor-1024×1012.jpeg 1024w, https://news.bitcoin.com / wp-content /uploads/2018/01/trezor-696×688.jpeg 696w, https://news.bitcoin.com/wp-content/uploads/2018/01/trezor-1068×1056.jpeg 1068w, https: // news .bitcoin.com /wp-content/uploads/2018/01/trezor-425×420.jpeg 425w, https://news.bitcoin.com/wp-content/uploads/2018/01/trezor.jpeg 1200w "sizes =" (maximum width: 300px) 100vw, 300px”/>Michael Terpin is looking for devices to be confiscated through a court order to recover the cryptocurrency worth about $ 24 million – the amount stolen from the plaintiff last year. Terpin reiterated to news.Bitcoin.com his belief that Truglia still has the hardware portfolios he was allegedly exhibiting, noting that his lawyers "are diligently using subpoenas to find these funds".
Asked whether he would reach an agreement with Nicholas Truglia, raising allegations of the RICO Act and the $ 81 million required in exchange for recovering his stolen cryptocurrency, Terpin confirmed that it would "look good". Truglia remains in custody on a $ 1.4 million bond, pending a further court appearance on April 10 on unrelated SIM exchange charges.
Do you think Michael Terpin will succeed in his case against Nicholas Truglia? Let us know in the comments section below.
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