Crypto Scammer Truglia Gets 12 Years Prison, Up From 18 Months

Crypto Scammer’s Sentence Jumps from 18 Months to 12 Years in $20M Fraud Case

Judge jacks up sentence for New York City crypto scammer to 12 years

A man who got 18 months in prison for his part in a scheme to steal $22 million in cryptocurrency saw his sentence increased to 12 years after failing to pay back his victim as he had promised.

Crypto Scammer Truglia Gets 12 Years Prison, Up From 18 Months

A man who originally got 18 months in prison for his part in a scheme to steal $22 million in cryptocurrency, saw his sentence increase dramatically to 12 years after failing to pay back his victim.

Nicholas Truglia Gets 12-Year Sentence After Failing to Pay $20M Restitution

Truglia promised to repay but did not return any of the $20 million stolen from the victim. The judge extended the sentence as Truglia lived lavishly without paying restitution. SIM-swapping scams have caused huge crypto losses, and courts are getting tougher on offenders. Nicholas Truglia, who is convicted of a $20 million cryptocurrency theft, has received an additional 12-year sentence after failing to repay court-ordered restitution. Accordi…

Man behind $22 million crypto theft gets 12 years prison, up from 18 months

Crypto Scammer Sentenced to 12 Years in Landmark SIM Swap Scheme

Summary: What is a SIM swap scheme, and why should SHIB holders care? A SIM swap scheme is when scammers trick a mobile provider into giving them control of a victim’s phone number to access accounts and steal crypto. Nicholas Truglia used this method to steal $24M and was sentenced to 12 years...