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Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report suggests that as much as $20 million worth of crypto
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An AT&T customer filed a lawsuit against the company last week accusing it of failing to provide “reasonable and appropriate security to prevent unauthorized access to its customer wireless accounts.” This has led to the theft of cryptocurrency from the plaintiff’s crypto exchange account. AT&T Sued by Crypto Investor An AT&T customer,
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U.S. District Judge Consuelo Marshall has rejected AT&T’s bid to dismiss a lawsuit that alleges the company was negligent for failing to prevent the theft of $1.8 million in crypto from investor Seth Shapiro.In the judge’s order allowing the suit to continue, Shapiro’s claims of negligence, negligent supervision, claims brought
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AT&T is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael Terpin — who asserts he lost $24 million in crypto as a result of AT&T’s negligence in 2018.In response to Terpin’s second amended
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Sim swapping recently resurfaced on the map as one of the easiest means to defraud crypto investors. And while the sim owners could be crucified for negligence, no one has taken the time to question network providers which are supposedly custodians of these sim cards.Thankfully, a legal firm committed to
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Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T — alleging that a couple of the firm’s employees had perpetrated a nefarious SIM-swap scheme that resulted in the
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Seth Shapiro, a California resident who claims to have lost a massive $1.8 million worth of Bitcoin and altcoins through a SIM swapping attack in May 2018, has filed a lawsuit against AT&T. Shapiro claims the telecoms operator made it possible for hackers to gain control of his AT&T wireless
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