RATE Group | AT&T Sued Over Alleged iPhone Hack, Cryptocurrency Theft (1)
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AT&T Sued Over Alleged iPhone Hack, Cryptocurrency Theft (1)

19 Oct AT&T Sued Over Alleged iPhone Hack, Cryptocurrency Theft (1)

Posted at 13:11h in Cryptocurrency News by

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AT&T Inc. is facing a new lawsuit in federal court in Los Angeles from a digital media adviser and adjunct professor who says two AT&T employees hacked his iPhone and facilitated the theft of nearly $2 million in cryptocurrency.

Seth Shapiro claims AT&T failed to protect him from a “SIM swapping” scheme carried out by its employees. In a SIM swapping scheme, victims’ phone numbers are transferred to a different device without their consent, allowing others to access their passwords and accounts. In one recent, high-profile example, Twitter Chief Executive Officer Jack Dorsey was victimized by an apparent SIM swapping scheme that resulted in obscene and racist tweets being posted from his account.

Shapiro’s Oct. 17 lawsuit claims AT&T employees transferred control over his wireless number to a device controlled by third-party hackers in exchange for money. These hackers then accessed his personal cryptocurrency accounts and stole nearly $2 million from him, all while Shapiro…

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