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.

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