Monday, December 5, 2022
Crypto SIM Scammer Faces Up To 18 Months In Prison
A crypto scammer--who stole $22M from blockchain advisor Michael Terpin--is now facing up to 18 months in prison for his role in a 2018 SIM-swapping incident. 25-year-old Nicholas Truglia, who resides in New York, was just one of a larger criminal group that apparently targeted Terpin. Terpin is a longtime backer of Bitcoin and cryptocurrency. (Disclaimer: Terpin has been a frequent contributor to socalTECH). Terpin was previously very active in the Los Angeles startup and technology industry.