PANews reported on March 30 that according to News.Bitcoin, the law firm Greenberg Glusker announced that it had won a $33 million arbitration award against telecom giant T-Mobile, saying that this result was a key milestone in holding telecom operators accountable for cryptocurrency theft related to SIM card swaps. The arbitration panel found that T-Mobile was responsible for its multiple security failures, which enabled SIM card swap attacks to occur and led to the theft of cryptocurrencies.
Telecom Giant T-Mobile Ordered to Pay $33 Million for Crypto Theft Due to SIM Card Hack
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