AT&T will dispute allegations that it was negligent after allegedly contributing to the loss of $1.7 million worth of digital assets owned by a customer in the latest SIM swap case. A spokesman for the company, Jim Greer, told CoinDesk: “It’s unfortunate that Mr. Shapiro [the customer] experienced this, but we will dispute his allegations. We look forward to presenting our case in court.” The news comes after Seth Shapiro, head of strategy at VideoCoin, a decentralized video encoding, storage, and content distribution system, said the phone company had failed to secure his device when it was hacked in May last…
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