Verizon, SIM Swap Plaintiff-Victim Stipulate to Dismissal of All Claims

Plaintiff Dennis DePalma and defendant Verizon stipulate to the voluntary dismissal with prejudice “of all claims asserted or that could have been asserted in this action,” said their notice Tuesday (docket 2:23-cv-22318) in U.S. District Court for New Jersey in Newark. Each party will bear its own attorneys’ fees and costs, it said. The parties ask that the court retain jurisdiction to enforce the terms of their settlement, it said. DePalma alleged he became a victim of cryptocurrency fraud when a John Doe “scammer” stole nearly $34,000 from his Coinbase account through a SIM swap at a Verizon store in Woodbury, Minnesota, that Verizon should have prevented (see 2311140003).