🛑 Stopping SIM swaps.
🚀 An NFT project by the crypto dogfather uhh godfather himself, Michael Terpin.
An estimated 250,000 Americans fall victim to a form of identity theft called “SIM swap” wherein an unauthorized user (typically a criminal) takes over one’s digital identity to bypass second-factor security protections. On January 7, 2018, an AT&T contractor named Jahmil Smith took a bribe from a criminal gang (known variously as “The Community” or “The Pinsky Gang”) to have Michael Terpin's credentials turned over to the gang in exchange for a few hundred dollars.
He was then robbed, despite extensive security measures, of $24.7 million of altcoins , which could only have happened with the digital permissions given by the “fake Michael” aka the SIM Swappers.
After months of negotiations with AT&T, they offered Michael $0.00, as they told his attorneys “we aren’t criminals” – but we allege they were certainly negligent in promising high security (Michael was given a “highest security” account because of a prior SIM Swap).
The precedent set by a win (after $3 mm in legal fees over four years, we are much further than anyone thought we would ever get – we have a trial date in May 2023 in federal court.
Michael conceived of doing an NFT series to support the efforts a year ago, at which time no legal battle had ever enlisted NFTs (that we could find). Michael's attorneys thought he had lost his mind.
This NFT project has enlisted legendary pop artist Andre Miripolsky to create SIM Dogs characters.
Two of the four series will include “Bored Ape” style ownership rights to the individual artwork reproduction rights.
August 15, 2022 06 PM (UTC)
October 22, 2022 06 PM (UTC)
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