TechFlow news — On March 30, according to Greenberg Glusker, the law firm announced on March 20 that it has secured a $33 million arbitration award against T-Mobile, one of the world's largest telecommunications operators, over cryptocurrency theft resulting from SIM swap attacks due to "multiple security vulnerabilities."
The arbitration, held in the fall of 2023, included 12 days of testimony. According to Greenberg Glusker, the arbitration panel found T-Mobile responsible for "its repeated security failures that led to SIM swap attacks and subsequent theft of cryptocurrency."
Add to Favorites
Share to Social Media
