🚨 Another chapter in crypto crime: Nicholas Truglia just got hit with more jail time — now serving 12 years.

Why? He failed to repay the $20.4M he stole using an elaborate SIM-swap scam that targeted blockchain exec Michael Terpin.

The scheme? Social engineering telecom staff to hijack a phone number → gain access to crypto accounts → convert stolen funds to Bitcoin. 🥷📲💸

Justice is catching up, but it’s also a wake-up call: even OGs in crypto need airtight security.

Do you think penalties like this are enough to deter future scams? Or is the game of cat and mouse just getting started?

👇 Let’s talk in the comments.

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