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?> Exemplary Decision on the Most Dangerous Fraud Method for Cryptocurrency Holders
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BitcoinSistemi 2025-03-30 20:51:09

Exemplary Decision on the Most Dangerous Fraud Method for Cryptocurrency Holders

T-Mobile, one of the world's largest telecommunications providers, has been ordered to pay $33 million in damages over security vulnerabilities that enabled SIM swap attacks and led to cryptocurrency theft. This case is the largest known decision regarding SIM swap to date. Law firm Greenberg Glusker announced that it has won a $33 million arbitration award against T-Mobile. The firm called the decision a significant step in holding telecom carriers accountable for failing to prevent SIM swap fraud, a widely used tactic to hijack phone numbers and steal digital assets. That arbitration took place in Los Angeles in the fall of 2023 and featured 12 days of testimony. The panel found T-Mobile liable for “numerous security failures that enabled SIM swapping attacks leading to cryptocurrency theft.” Related News: Giant Whale is Trapped: Goes Long with 10x Leverage in this Altcoins And Suffers Huge Losses The total includes more than $6.5 million in attorney fees, interest and other costs. Greenberg Glusker filed a motion in Los Angeles Superior Court to confirm the verdict and make the details of the case public. “This is the largest known SIM swap-related decision and a significant victory for mobile phone consumers,” said Pierce O'Donnell, Greenberg Glusker’s lead attorney who conducted cross-examinations during the arbitration. The lawyers also explained the mechanics of the SIM swap scam: “When an unauthorized SIM swap occurs, your phone is disconnected from the network. During this time, the carrier routes your calls and messages to a phone controlled by the malicious party.” *This is not investment advice. Continue Reading: Exemplary Decision on the Most Dangerous Fraud Method for Cryptocurrency Holders

면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.