The legal proceedings surrounding Nicholas Truglia, convicted of a SIM swap scam, continue. His prison sentence has been extended to 12 years after violating release terms.
Overview of Nicholas Truglia's Case
Nicholas Truglia, a hacker sentenced to 18 months in prison, received a 12-year sentence in July 2023 after failing to pay $20 million in restitution to his victim, crypto investor Michael Terpin. Judge Alvin K. Hellerstein noted that the new penalty significantly exceeds recommended federal guidelines.
Violation of Release Conditions
After his initial release, Truglia failed to meet conditions by not paying restitution. He was re-arrested in May 2023 for allegedly moving stolen funds and purchasing luxury items, which violated his supervised release conditions.
Chronology of Arrests and Sentences
Truglia faced a contempt order in November 2024, which allowed him to remain free under the condition he would pay the $20 million restitution. However, he retained approximately $673,000 and failed to meet his obligations. A series of arrests began in December 2022, when Truglia was sentenced to 18 months for a scam that resulted in the theft of millions in cryptocurrency.
The situation surrounding Nicholas Truglia continues to evolve, and his case serves as a warning about the consequences of cybercrime and disregarding court orders.
