The Curious Case of AT&T, Seth Shapiro’s SIM Card and a Stolen $1.8M By Cointelegraph

The Curious Case of AT&T, Seth Shapiro’s SIM Card and a Stolen $1.8M

Over the past week, the global crypto community bore witness to a unique case wherein California resident and blockchain entrepreneur Seth Shapiro filed a lawsuit against American telecom giant AT&T (NYSE:) — alleging that a couple of the firm’s employees had perpetrated a nefarious SIM-swap scheme that resulted in the former losing $1.8 million in various crypto assets.

Shapiro, who is a two-time Emmy Award-winner, as well as an author and adjunct professor at the University of Southern (NYSE:) California School of Cinematic Arts, filed the aforementioned lawsuit against AT&T on Oct. 17, claiming that between May 16, 2018 and May 18, 2019, the telecom provider’s employees perpetrated four hacks in total that lead to his personal and confidential data — including usernames, passwords, event calendar, etc. — being leaked to third-party hackers.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Comments (No)

Leave a Reply