T-Mobile launches $350 million data breach settlement distribution
According to Gate News bot and reported by The Daily Hodl, T-Mobile, one of the world's largest telecommunications operators, has now begun the process of distributing $350 million in collective lawsuit settlement funds to its customers.
The settlement fund is related to a massive data breach that occurred in 2021, during which the personal data of approximately 76 million American customers was compromised, involving sensitive information such as names, addresses, and social security numbers.
The settlement management party has confirmed that the fund distribution work has begun and will continue over the next few weeks.
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