A judge in California has dismissed a case for damages against telecoms giant AT&T over its alleged role in a SIM-swap scam.
AT&T hasn’t stopped fighting a SIM-swap lawsuit filed by an investor who lost $1.9m. In its latest effort, it claimed that there was no breach of social norms.
A California judge has rejected a bid by AT&T to dismiss a lawsuit by a digital currency investor who alleges that the firm was negligent in a SIM swap incident.
Michael Terpin, a digital currency investor claims that the teenager was the leader of a cybercrime ring that stole millions from him through SIM swapping.
The telecoms giant has requested the dismissal of an outstanding claim for $200 million in punitive damages.
Michael Terpin has been attempting to bring the action against AT&T for its alleged liability in a SIM-swap hack.
AT&T is not taking a lawsuit against it by a SIM swap victim lying down, filing a motion to dismiss it that attacks the victim’s claims as fundamentally flawed.
An alleged SIM swapper purportedly used the proceeds from stolen crypto to buy royalties to rap music, fancy cars and gold jewelry, court documents show.
Mobile network AT&T intends to defend allegations made by a customer regarding its alleged role in a SIM swap scam.
AT&T is at the center of yet another SIM swap incident and this time, the victim lost $1.8M in crypto from several exchanges.
A California man claimed AT&T employees helped to swap the SIM card in his phone to perpetuate the theft of his cryptocurrencies valued at $1.8 million.