AT&T Still Faces Heat In Crypto SIM swap Case

The federal judge has dismissed AT&T motion in its legal battle with investor Michael Terpin who has sued the telecom giant for $224 million for its alleged cooperation with the hacker and gross negligence. Judge Wright stated, “…AT&T and Mr. Terpin have adverse legal interests of sufficient immediacy and reality to warrant a claim for declaratory judgment. The terms of the wireless customer agreement are directly implicated by this lawsuit, particularly the terms that Mr. Terpin has identified.”

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