Tag: Michael Terpin
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Crypto Thief Gets 12 Years: Court Cracks Down on $20M SIM Swap Fraud
A federal court in New York has issued a harsh ruling in a high-profile cryptocurrency theft case. Nicholas Truglia, previously convicted for his role in the cyberattack targeting entrepreneur Michael Terpin’s digital assets, has now received an additional sentence—12 years of imprisonment. This decision followed Judge Alvin Hellerstein’s determination that Truglia willfully failed to fulfill…