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Cryptocurrency News Articles
T-Mobile Agrees to Pay $350 Million to Settle Data Breach Lawsuit
Mar 16, 2025 at 12:11 pm
The hacker, John Binns, later bragged about the attack, claiming that T-Mobile's weak security made it easy for him to steal millions of records.
T-Mobile has agreed to a $350 million settlement after a massive data breach exposed the personal information of over 76 million customers in the U.S. If you were affected, you might be eligible for compensation of up to $27,000 for fraud-related losses. Here’s everything you need to know about the T-Mobile data breach, who qualifies for the settlement, and how to claim your payment.
What Happened in the T-Mobile Data Breach?
On August 16, 2021, T-Mobile disclosed that hackers had gained unauthorized access to customer data, affecting an estimated 76 million individuals. The compromised data included:
The hacker, John Binns, later recounted the events of the attack, claiming that T-Mobile’s weak security protocols made it a “piece of cake” to steal millions of records. He reportedly attempted to sell the stolen data on the dark web for $270,000.
Although T-Mobile vehemently denies any wrongdoing, the company agreed to settle a class-action lawsuit with a $350 million payout to compensate affected customers.
Who Is Eligible for the T-Mobile Settlement?
You may qualify for a payout if:
Additionally, if you lived in California on August 1, 2021, you could receive $25 to $100, even if you did not suffer financial loss.
How Much Compensation Can You Receive?
The payout amount depends on how the data breach affected you.
How to File a Claim for the Settlement
If you are an affected T-Mobile customer, you do not need to file a lawsuit. Instead, follow these steps to claim your payment:
Confirm Your Eligibility: Check the official settlement website or your email to see if you qualify.
Gather Supporting Documents: Prepare any relevant documentation, such as fraud reports or time logs.
Submit Your Claim: Complete and submit the claim form by the deadline.
Wait for Payment: Once the settlement is finalized, payments will be distributed.
The Hacker Behind the T-mobile Breach
The breach was carried out by American hacker John Binns, who:
T-Mobile estimates that 54 million customer records were stolen in the attack.
If you were a T-Mobile customer before August 1, 2021, and your personal information was compromised, you may be entitled to a settlement payment. Compensation could reach up to $27,000 for those who suffered fraud-related losses.
Make sure to confirm your eligibility and submit a claim by the deadline to receive your payment.
FAQs:
How do I know if I was affected by the T-Mobile data breach?
If you were a T-Mobile customer on or before August 1, 2021, and received a settlement notice, your data was likely exposed.
How much money can I get from the settlement?
Up to $27,000 for fraud-related losses.$25 per hour for time spent resolving fraud issues.$25 to $100 for California residents with no financial loss.
Where do I file my claim?
Visit the official settlement website (link provided in your notice) to submit your claim.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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