Man Sues AT&T, Saying He Lost $1.8 Million In Cryptocurrency With SIM Card Hack
The complaint filed on Oct. 17 claims that while third parties had control over his AT&T wireless number, “they used that control to access and reset the passwords for Mr. Shapiro’s accounts on cryptocurrency exchange platforms, including KuCoin, Bittrex, Wax, Coinbase, Huobi, Crytopia, LiveCoin, HitBTC, Coss.io, Liqui, and Bitfinex.” The digital currency “was accessed by the hackers utilizing their control over Mr. Shapiro’s AT&T wireless number,” the court documents added. The lawsuit alleges that hackers were able to access “accounts on various cryptocurrency exchange platforms, including the accounts he controlled on behalf of his business venture. The hackers then transferred Mr. Shapiro’s currency from Mr. Shapiro’s accounts into accounts that they controlled.” “In all, they stole more than $1.8 million from Mr. Shapiro in the two consecutive SIM swap attacks on May 16, 2018,” the complaint added.
“We dispute these allegations and look forward to presenting our case in court,” the statement said. “Customers can learn how to help protect themselves from this scam by going here — https://about.att.com/sites/cyberaware/ni/blog/sim_swap.”
Original Source