The swap was from cellular carrier AT&T, the money was taken from Bittrex, and the hack took control over the victim’s online identity. The victim said that Bittrex violated its own published security protocols and ignored industry standards, missing the chance to stop the high-stakes burglary.
The financial legal examiner concluded that Bittrex did not ‘take reasonable steps to respond’ to the victim’s notice and ‘appears’ to have violated its own terms of service, in a signed letter dated August 30, 2019 provided to CoinDesk by the victim.
Though various legal entities were notified of the hack, they have not yet announced any criminal charges in the case, and as such, the whereabouts of the victim’s Bitcoin are unknown. Bittrex declined to comment specifically about the hack and the court case.
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