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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 Agrees to Pay $350 Million to Settle Data Breach Lawsuit

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.

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