It's usually not possible to reverse fraudulent cryptocurrency transactions.
When Michael Terpin's smartphone suddenly stopped working in June
2017, he knew it wasn't a good sign. He called his cellular provider, AT&T, and learned that a hacker had gained control of his phone number.
The stakes were high because Terpin is a wealthy and prominent cryptocurrency investor. Terpin says the hackers gained control of his Skype account and tricked a client into sending a cryptocurrency payment to the hackers instead of to Terpin.
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