Truglia's initial 18-month term was significantly increased after he failed to pay restitution to crypto investor Michael Terpin.
In brief
A New York judge sentenced Nicholas Truglia to 12 years in prison after he failed to pay $20 million in restitution for a SIM swap theft in 2018.
The revised sentence more than doubles federal guidelines and follows Truglia's early release from an initial 18-month sentence in 2022.
Truglia evaded restitution while moving funds and buying luxury goods; a courtroom video of him bragging about hiding stolen cryptos proved crucial.
Source: decrypt