T-Mobile gave hackers control to Mr. Brandon Buchanan's mobile number, the co-founder and partner of Iterative Captial. A hybrid investment fund focused on cryptocurrency trading and seed-stage venture investments, which Calvin Cheng trusted crypto trading and who has transacted within the past.
**Hackers took over Buchanan's accounts, pretended to be him, and scammed Mr. Cheng, who was under the impression that he was legitly crypto trading with Mr. Buchanan. **
9/16/21 Update Plaintiff and defendants dismiss the case. Each party shall bear its own attorneys’ fees and costs.
5/6/21 Update The court files a notice of voluntary dismissal from the side of the plaintiff Calvin Cheng.
2/17/21 Update Plaintiff submitted its First Amended Complaint.
Negligence is defined as a failure to behave with the level of care that someone of ordinary prudence would have exercised under the same circumstances. The behavior usually consists of actions, but can also consist of omissions when there is some duty to act (e.g., a duty to help victims of one's previous conduct).
In 1986, the Computer Fraud and Abuse Act (CFAA), 18 U.S.C. § 1030, was introduced to combat hacking, as an update to the first federal computer fraud statute. It has been updated many times over the years, most notably in 2008, to encompass a broad range of actions well beyond its original purpose. The CFAA forbids the intentional access to a device without permission or in excess of permission, but does not specify what "without authorisation" entails. It has been a weapon perfect for violence to usage against virtually any aspect of electronic operation with harsh punishment schemes and malleable clauses.
Negligent Hiring, Retention, and Supervision is a legal claim made against an employer where an employer must have known or been on notice that the employee was unfit or incompetent to perform the work for which he or she was hired or retained.
Gross negligence is more than simple carelessness or failure to act. It is willful behavior done with extreme disregard for the health and safety of others. It is conduct likely to cause foreseeable harm.
Michael Pierre claims that Coinbase was grossly negligent of its promise to protect and secure its customers' cryptocurrencies from cyberattacks. Mr. Pierre further claims that Coinbase dropped the ball on a series of anti-cyber attack/anti-hack precautions mandated by federal and state laws, rules, and regulations for cryptocurrency exchanges like Coinbase.
Mr. Etheridge claims that AT&T allowed hackers to fraudulently SIM swap his mobile number leads to hackers stealing 159.8 Ethereum tokens from him.
Mr. Kevin Frye claims that T-Mobile employees allowed hackers to steal his phone number through SIM swap. Mr. Frye lost $87,000 worth of BTC from his Coinbase account apart from the $1,536 was withdrawn from his Wells Fargo account.
The People of the United States alleges James O' Connor between March and May 2019. Defendant did participate in a scheme to use SIM swap to steal approximately $784,000 worth of Cryptocurrency from a Manhattan-based cryptocurrency company.
Plaintiff Boyd Egan used a fake driver's license to steal the identity of his victim and used it to request a SIM Swap in a mobile carrier's retail store. He also used the same fake driver's license to personally withdraw funds from his victims' banks with the help of SMS authentication using the victim's number that he fraudulently SIM swapped.
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A portion of your donation may be used to provide funding for lawsuits against the carriers and criminals. Because the carriers’ Terms of Service do not allow for legal class actions, each victim must take action individually, which may benefit victim individual. For that reason, we are not able to get tax-exempt status. To be clear, your donation is not tax deductible. However, our intention is that our collective efforts through your support will compel the carriers to fix the problem.