‘Baby Al Capone’ to pay $22m to SIM-swap crypto-heist victim

A man who lost $24 million in cryptocurrency in an elaborate SIM swapping scam has won a multi-million-dollar judgment against the thief, who was 15 at the time of the hustle. According to court documents [PDF] filed Friday in federal New York City court, Ellis Pinsky agreed to pay Michael Terpin $22 million for his starring role in the SIM swap and Bitcoin heist.

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