Cryptocurrency SIM Swap Victim Sues Telecom Giant AT&T For A Loss of $1.8 Million

Cryptocurrency SIM Swap Victim Sues Telecom Giant AT&T For A Loss of $1.8 Million

Telecom operator AT&T has been sued by an individual named Seth Shapiro, a resident of California, claiming to be the victim of a SIM-swap hack, which resulted in a loss of $1.8 million. At&T is the second-largest wireless carrier in the US, with over 153 million subscribers and earning $71 billion in total operating revenues in 2018.