T-Mobile Force Arbitration of $ 240,000 SIM-Swap Scam

By Nadia Dreid (Jan. 10, 2022, 7:39 p.m. EST) – T-Mobile US Inc. has successfully forced arbitration of a lawsuit alleging the company’s lax security measures resulted in a customer losing nearly $ 240,000 in cryptocurrency, after an incident in Florida judge said the arbitration agreement was binding on the suing client.

United States District Judge Cecilia M. Altonaga issued the order on Monday, just three months after Edward Mendez filed a lawsuit seeking to hold the mobile giant responsible for a loss of nearly one quarter of a million dollars which he said was the result of a “SIM-swap” account. take-back scheme.

The SIM card swap refers to a scam in which wireless operators are tricked into transferring access to a cell phone number from a …

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Casey J. Nelson