KRP2 Law Firm Expands Specialized SIM Swap Crypto Recovery Litigation Across Major US Jurisdictions

Kaplan Rothstein Prüss Peraza (KRP2) has expanded its legal practice to pursue civil recovery claims against telecommunications carriers and cryptocurrency exchanges for losses resulting from SIM swap fraud. The firm targets corporate entities for failing to implement adequate security protocols, citing systemic vulnerabilities that allow attackers to bypass SMS-based two-factor authentication. This litigation model holds institutions accountable under consumer protection and data privacy laws, following a 2025 arbitration ruling where T-Mobile was ordered to pay $33 million for a security breach leading to crypto theft.