Ellis Pinsky, who engineered the original heist.

Ellis Pinsky, who engineered the original heist.

Photographer: Evelyn Freja

Teen Gamers Swiped $24 Million in Crypto, Then Turned on Each Other

Michael Terpin lost a fortune to a phone “SIM swap.” When he went to war to get it back, he found some surprising allies.

In January 2018 the Consumer Electronics Show brought its lanyarded hordes to Las Vegas, as it does every year, and Michael Terpin was among them. Then 60, he was hosting a cryptocurrency event at Caesars Palace to coincide with the mammoth tech conference. He and his wife, Maxine, were at a home they own in Vegas, getting ready for opening night, when Terpin received an email from Google telling him a new device had gained access to one of his accounts. He yelled up the stairs to Maxine: “I think we’re getting hacked again!”