T-Mobile Sued Over Theft of Cryptocurrency

Posted by at 6:22 am on February 7, 2018

A T-Mobile customer is suing the carrier over a cryptocurrency heist.

In a classic case of identity theft, Carlos Tapang, a resident of King County, Washington, claims that hackers broke into his cryptocurrency account because T-Mobile was fooled into transferring his account to AT&T. The hackers then used Tapang’s wireless account to access his cryptocurrency account and sell virtual currencies for 2.875 in bitcoin.

Bitcoin was worth around $8,000 around the time of the account transfer, but reached a high of $19,000 the following month.

The lawsuit, filed on Sunday and first reported by Law360, seeks damages.  The lawsuit accuses T-Mobile of failing to train its employees to prevent the identity theft schemes. It also notes that other T-Mobile customers have complained online about similar scams.

 

 

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