View source for SIM Swapping Victim Alleges T-Mobile Failed To Stop 20 000 Cryptocurrency Scam - CyberScoop

<br>A Pennsylvania lady who lost the equivalent of $20,000 in cryptocurrency as component of a mobile fraud scheme says T-Mobile failed to shield her account in the face of a wave of related incidents. Unknown fraudsters had tricked T-Mobile customer service personnel into handing over access to Kesler’s account, which they then made use of to deplete her Coinbase of virtually all cryptocurrency, according to the complaint. With handle of a victim’s telephone facts, thieves can get text messages and access unrelated accounts tied to the victim’s mobile quantity. In this case, Kesler says she stored roughly $20,000 in a Coinbase account connected to her T-Mobile subscription. Nine months before scammers stole $20,000 from Kesler’s Coinbase account, the suit argues, Jack Dorsey was the victim of another higher profile SIM swap, in which outsiders seized control of the Twitter CEO’s information. The case argues that the Germany-primarily based telecommunications company demonstrated "a reckless disregard for the rights of its customers" by failing to shield user information amid news headlines and ongoing research into the SIM swapping phenomenon. Sima Kesler, in a complaint filed Wednesday in Pennsylvania Eastern District Court, alleges she was the victim of a May 2020 SIM swapping scheme, in which scammers convince a telephone carrier to give them handle of an individual user’s account. May 2, 2020, only to obtain an e mail from Coinbase indicating someone had changed her password by 9:12 p.m. Security journalist Brian Krebs also covered the issue in 2018, particularly reporting that a T-Mobile retail retailer employee was beneath investigation for generating an unauthorized SIM swap. T-Mobile did not immediately respond to a request for comment Friday. 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