A US federal judge has rejected AT&T‘s request to dismiss a $224 million lawsuit over a SIM-swapping incident that led to $24 million in stolen cryptocurrency. A press release confirms the telecom giant will face court over allegations it violated the Federal Communications Act, a consumer contract, as well as several other laws, when hackers assumed the identity (and telephone account) of cryptocurrency investor Michael Terpin in 2017. “Judge Wright strongly repudiated AT&T’s audacious bid to prevent [Terpin] from demonstrating to a jury the carrier’s contempt for consumers’ privacy and utter disregard of its legal obligations to prevent this very type of…
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Federal judge refuses to dismiss 4M lawsuit against AT&T for SIM-swap bungle
Source: The Next Web
