California resident sues AT&T for assisting hackers after losing $1.8 million in cryptoc…

AT&T, the world’s largest telecommunication company, has been charged with severe indictments. A resident of Torrance, California, has filed the lawsuit against the firm claiming that it helped the attackers of the SIM swap fraud by selling access to users’ phones.

Plaintiff Seth Shapiro reportedly lost $1.8 million of cryptocurrencies after falling a victim of the scam. He states that the firm is responsible for the betrayal act of its employees and failed to perform systems and methods to prevent such schemes. The complaint says, “On at least four occasions between May 16, 2018 and May 18, 2019, AT&T employees obtained unauthorized access to Mr. Shapiro’s AT&T wireless account, viewed his confidential and proprietary personal information, and transferred control over Mr. Shapiro’s AT&T wireless number from Mr. Shapiro’s phone to a phone controlled by third-party hackers in exchange for money. The hackers then utilized their control over Mr. Shapiro’s AT&T wireless…