Moonday Mornings: Another cryptocurrency SIM-swap victim sues AT&T, this time for $1.8M
Cryptocurrency stolen, must get it back
By Matthew Beedham
Telecom operator AT&T is being sued by an individual claiming to be the victim of a SIM-swap hack which resulted in the loss of $1.8 million. The victim alleges that between May 16-18 AT&T employees transferred ownership of their SIM to bad actors. The scammers were then able to access the victim's personal finances and cryptocurrency exchange accounts to carry out their attack. It all sounds like history is repeating itself.
formatting link