Crypto Fraud Nicholas Truglia Sentenced to 12 Years for Refusing to Pay $20 million in Compensation
2025-07-10 23:01:51
Nicholas Truglia, who was sentenced to 18 months in prison for stealing $20 million in crypto by switching SIM cards, was sentenced to 12 years for failing to pay restitution to his victims. Court documents show that Truglia not only failed to meet his compensation obligations, but also spent nearly $92,000 on luxury goods. The judge pointed out that he deliberately evaded legal responsibility.
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