Judge dismisses AT&T petition

The lawsuits against AT&T were filed by investor Seth Shapiro who lost a large part of his investments as a result of the theft of the cryptocurrencies.

Judge dismisses AT&T petition

Proceedings against AT&T will continue

The petition for dismissal of the lawsuit alleging that AT&T acted negligently in failing to prevent the theft of $ 1.8 million in cryptocurrencies was rejected by United States District Judge Consuelo Marshall. The lawsuits against AT&T were filed by investor Seth Shapiro who lost a large part of his investments as a result of the theft of the cryptocurrencies. With the order issued by Judge Marshall, Shapiro's claims for negligence and negligent supervision may continue.

** The problems do not stop for those responsible for creating the famous Ponzi cryptocurrency scam Onecoin.

Shapiro is a media technology consultant, has won an Emmy Award, and has worked for prestigious companies like Disney and Showtime. In December 2019, he filed a lawsuit against AT&T in which he claims to have been the victim of SIM swap attacks in which a malicious actor gains access to control of the victim's SIM card with the deliberate or negligent help of a telecommunications employee. of the company. In his complaint, Shiapiro states: "AT&T did not implement sufficient data security systems and procedures and did not supervise its own staff; instead, it stood by while its employees used their position in the company to gain unauthorized access. to Mr. Shapiro's account in order to steal, extort and threaten him in exchange for money."

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In the judicial process, it is established that the first SIM exchange attack that Shapiro suffered occurred in May 2018. According to the complaint, when Shapiro contacted the company, an AT&T employee "observed the SIM exchange activity on the account [of the plaintiff] and assured [the plaintiff] that his SIM card would not be exchanged again without his authorization."