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

[PRESS RELEASE – Miami, FL, USA, September 22nd, 2026] Kaplan Rothstein Prüss Peraza (KRP2), a prominent cybersecurity and data privacy litigation firm, has announced the expansion of its specialized legal practice focused on recovering digital assets lost to SIM swap fraud. The firm is scaling its plaintiff-side litigation efforts across Florida, New York, and California to pursue civil recovery claims against major telecommunications carriers and cryptocurrency exchanges that fail to protect user accounts from preventable security breaches. SIM swap attacks occur when malicious actors exploit vulnerabilities in mobile carrier verification processes to hijack a victim’s phone number, allowing them to bypass SMS-based two-factor authentication (2FA). According to the FBI Internet Crime Complaint Center (IC3) annual report, US victims suffered nearly $21 million in losses from SIM swapping in 2025. Furthermore, blockchain analyst ZachXBT documented the theft of over $82 million in SIM swap incidents in 2024, underscoring the severe risk facing retail and institutional investors alike. As a result of these institutional vulnerabilities, KRP2’s expanded practice provides a direct civi...