**Bank of America allowed hackers to steal ** $514,668 by illegally authorizing wire transfers from and to his account for Authorizing a new account application under his name without his authorization.
09/16/20 Update Judge Michael W. Fitzgerald dismissed this case with prejudice. Each party shall bear its own attorneys' fees and costs. Case Terminated.
9/9 19 Update Defendants Bank of America and Gemini Trust Company filed a motion to dismiss, effectively denying all allegations.
Status Update as of 08/09/19 Plaintiff James Chen First Amended Complaint got Filed.
Section 17200 et. seq. of the California Business & Professions Code (BPC) defines “unfair competition” in three categories: “Unlawful, unfair or fraudulent business act[s] or practice[s]”; “Unfair, deceptive, untrue or misleading advertising”; and Violations of the provisions of California law starting at § 17500 of the BPC.
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 alleges that hackers fraudulently SIM swapped his mobile number and stole 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 Frye lost $87,000 worth of BTC from his Coinbase account apart from the $1,536 was withdrawn from his Wells Fargo account.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.
Donations to StopSIMCrime are used to raise awareness by supporting this website, travel to present at events, help victims recover their money, and stop carriers from giving our service to criminals.
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.