• PYMNTS
• 14 Feb, 2021

A California resident, Calvin Cheng, is suing T-Mobile USA, Inc. in the United States District Court for the Southern District of New York over a SIM attack that purportedly led him to lose hundreds of thousands of dollars in digital currency, according to the complaint. “Plaintiff lost in excess of $450,000 in cryptocurrency due to an account takeover scheme (also known as “SIM-swapping”) which could not have occurred but for T-Mobile’s negligent practices and its repeated failure to adhere to
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