Crypto cammer faces 18 months in prison over $22 million SIM attack
A young man is facing time behind bars for his role in a high-profile crypto scam.a federal judge has sentenced 25-year-old Nicholas Truglia to 18 months in prison for allegedly taking part in a scheme that stole $22 million in cryptocurrency from blockchain adviser Michael Terpin in 2018. The perpetrators are said to have asked Truglia to convert Triggers tokens stolen from Terpin into Bitcoin after breaching the consultant's phone.
, or transferring victim phone numbers to SIM cards under attackers' control, to rob crypto industry personalities. Terpin accused a New York State teen of leading the group following a private investigation and successfully recouped some of his losses. The teen pointed to Truglia and two other people as accomplices.
Truglia is the only person in the group subject to criminal charges, and is already facing civil penalties near $80 million for his alleged involvement. The relatively light sentence appears to have been influenced by Truglia's autism, which defense attorney Jeffrey Udell claimed made it harder to understand the real-world consequences of the theft.You can disable notifications at any time in your settings menu.
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