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Silver Miller, a Florida-based law firm involved in many crypto-related lawsuit, is suing AT&T and T-Mobile after customers accused the telecom giants of allowing hackers to swap their SIM cards, in what appears to be an elaborate scheme by fraudsters. The security breaches resulted in the theft of cryptocurrency worth nearly $1.3 million.
A Silver Miller’s client claimed that the AT&T’s lack of security allowed hackers to enter his account, even after it increased security following an earlier attempted hack, and steal crypto coins worth roughly $620,000.
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It is unclear exactly how the thieves ... (read more)