AT&T sued by customers after security violation has led to the theft of cryptocurrency - News
AT&T sued by customers after security violation has led to the theft of cryptocurrency - News
An AT & T customer filed a lawsuit against the company last week and accused it to have failed to "offer appropriate and appropriate security to prevent unauthorized access to its wireless customer accounts". This led to the theft of cryptocurrency from the plaintiff's crypto exchange account.
at & t of crypto investor sues
an AT&T customer, Jamarquis Etheridge, submitted a lawsuit against AT&T Inc. and AT&T Mobility LLC on Wednesday at the district court for the southern district of Texas.
Etheridge, a resident of the US state of Texas, has been a customer of AT&T since 2009. He claims to have become the victim of "SIM-Swapping", also known as "Sim Hijacking". SIM exchanges is a usual fraud that AT & T is no more unknown. The company was In connection with this fraud last year with that Crypto investor Michael Terpin.
In the court document submitted by Etheridges Richard E. Brown, it says that AT&T on or around September 10, 2020 "granted the plaintiff's access to the plaintiff without his approval" and claimed:
at&T was only able to contain this security violation the next day, so that the perpetrators were able to empty the plaintiff's cryptocurrency account.
He further claims that "AT&T was aware of the far-reaching damage that SIM swapping brings with it", since the company previously published public warnings that warn customers of the industry-wide threat of fraud.
Etheridge also said that AT&T had insured its customers to take appropriate measures to prevent his account doors from happening to unauthorized SIM exchanges. Nevertheless, the court certificate says:
at&T does practices that ... do not offer adequate and appropriate security to prevent unauthorized access to its wireless customer accounts, which enables unauthorized persons to authenticate and then provide access to sensitive wireless customer account details, including access and control over 159.8 Ethereum token.
After the incident, the price for ether achieved more than $ 4,200 per coin, the court document states. At the time of the letter, the price of ETH fell to 3,338 US dollar.
The plaintiff claims that he suffered actual damage due to the actions or omission of AT&T, including the loss of 159.8 ETH , lost time, embarrassment and humiliation, anger and frustration, fear, fear, fear, financial uncertainty, discomfort, emotional stress and various expenses.
In addition to the search for "compensatory and fair relief that restores it" to 159.8 ETH he also demands compensation for legal compensation, Three times compensation, sentence replacement, granting of attorney fees and reimbursement of all costs, "prehistoric and post-court interest on awarded amounts" and all other legal remedies that the court considers fair and appropriate.
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