![]() ![]() In this case, Cheng alleges an unknown fraudster targeted the co-founder of an investment firm called Iterative Capital. In a complaint filed in federal court on Monday, Calvin Cheng said he lost the cryptocurrency after becoming a victim of “SIM swapping,” a technique used by cyber criminals to steal the phone number of an individual in an attempt to gain access to their online accounts. (Photo: The Desk)Ī California man has filed a federal lawsuit against wireless phone company T-Mobile after he alleged a recent fraudulent scheme caused him to lose $450,000 in digital cash. ![]() A mobile phone running on the T-Mobile wireless network.
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