AT&T customer lawsuit alleges employee-aided SIM swap led to $1.8 million theft of crypt…

Shapiro v. AT & T Mobility, LLC, Case №2:19-cv-8972 (C.D. Cal. filed October 17, 2019)[NMR/SDP]

Link to Complaint

SIM swapping is a problem that many in crypto have unfortunately had to face, some multiple times.  If you’re at all prominent in the space — and even if you’re not — your phone number is liable to be SIM swapped (ported from your device to another.)  This particular case doesn’t necessarily involve someone well known on “crypto twitter”, but it does involve the alleged theft of $1.8 million of money including crypto.  

A large number of SIM swap cases have been resolved in private arbitration, in part because of arbitration clauses that mobile carriers include in their user agreements. This case is one a few that have been publicly filed, and the allegations are alarming — including a claim that AT&T insiders were deeply involved in what sounds like a devastating SIM swapping scheme. 

The plaintiff is Seth Shapiro, a resident of California. The Complaint says…