United States:
Company Faces Suit Over Cryptocurrency Theft
29 October 2018
by
Jeremy S. Close
,
Meredith Collier
,
David R. Coogan
,
Jeffrey Scott Connell
,
Jennifer Everett
,
Nicolas Hidalgo
,
Richard Johnson
,
Laura Lim
,
Daniel McLoon
,
Mary Alexander Myers
,
Mauricio Paez
,
Nicole Perry
,
Aaron Tso
and
Anand Varadarajan
Jones Day
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On August 15, a cryptocurrency investor
filed suit against a mobile phone carrier alleging that
inadequate data protection measures resulted in the theft of more
than three million cryptocurrency coins worth more than $24 million
from his mobile phone. The investor alleged that he experienced two
separate hacks on his phone within seven months.
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