T-Mobile failed in its duty to protect its users and resulted in the plaintiff’s loss of $55,000 worth of BTC, according to the lawsuit filed in Pennsylvania.
Joseph Chase Oaks, 22, is facing a slew of charges in connection with the fraudulent cryptocurrency scheme from August 2018 to October 2019.
Conor Freeman, 21, was handed the sentence at Dublin Circuit Criminal Court, which will see him jailed for 2 years and 11 months.
The U.S. Justice Department has charged a 19-year-old who allegedly masterminded the stealing of digital currencies through SIM swapping.
The attack was carried out by a sophisticated team of hackers that may have been state-sponsored, according to local media reports.
A judge in California has dismissed a case for damages against telecoms giant AT&T over its alleged role in a SIM-swap scam.
Veritaseum CEO Reggie Middleton accused T-Mobile of enabling the scam, despite him instantly notifying the mobile network of the 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.
The DoJ has charged a student at the University of California with stealing digital currencies through a SIM swap scheme that targeted over 19 victims in different states.
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.
The hacker gained access to its data by conducting a SIM swap attack on a BlockFi employee, according to the company.