T-Mobile Sued After Scammer Empties NY Couple’s Coinbase Account

A New York couple is suing T-Mobile after they lost more than $130,000 in Coinbase and other assets because of an unauthorized SIM card swap that allowed a stranger to gain access to the couple’s private phone data.

The couple accuses T-Mobile of having a lax approach to security, failing to implement security measures to thwart scams like SIM card swaps, violating laws that protect the information of cell phone customers, and failing to properly train its employees to ensure privacy breaches don’t happen, the lawsuit alleges.

They’re seeking at least $1 million in damages, plus attorneys’ fees.

The ...