Canadian Woman Sues After $1.3M in Bitcoin Vanishes in SIM-Swap Scam

Key Points

1. The woman lost 12.58 bitcoins (worth $1.36 million at the time of the lawsuit) in a SIM-swapping scam on June 30, 2021.

2. The scam involved a clerk at a WOW! Mobile Boutique kiosk (owned by Match Transact Inc.) who allegedly transferred control of her phone number to a fraudster posing as a Rogers technician.

3. The lawsuit accuses Rogers Communications of negligence, breach of privacy, and breach of contract, citing the company's failure to safeguard her personal data.

4. A B.C. Supreme Court ruling by Justice Anita Chan has referred the majority of the case to arbitration, though part of the claim seeking a public admission of wrongdoing remains.

5. The stolen bitcoins were valued at $392,704.61 at the time of the theft but appreciated significantly by the time of the lawsuit.