| Truglia Who
Stole $20 Million Got 18 Months For
Crypto SIM-Swap Now Resentencing Urged
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Nov 17 – Nicholas Truglia was
charged with -- and pleaded
guilty to - cyber intrusion in
order to steal
crypto-currency.
On May 21, 2021 U.S. District
Court for the Southern
District of New York Judge
Alvin K. Hellerstein held a
proceeding. Inner City Press
covered it.
Truglia was
charged with "SIM swapping;"
the complaint says $23.8
million were diverted. Then
money was
laundered.
Judge
Hellerstein set a deadline of
June 29 , 2021 at 2:30 pm to
make motions or waive the
right.
Truglia
pled guilty on October 28,
2021, and was belatedly set
for sentencing on November 2,
2022. Inner City Press again
was there.
After a
discussion of information
still lacking from his counsel
to Probation for the
Pre-Sentencing Report, it was
postponed to November 30, and
he was taken back into
detention. Inner City Press
live tweeted here
Ok- now at
sentencing in US v Nicholas
Truglia who pled guilty
to a scheme to steal $20
million in cryptocurrency
through a SIM swap attack. He
is in a suit, 2 US Marshals
behind him.
The
Pre-Sentencing Report says
defendant refused to ID the
bank.
His lawyer says
false, it's TD Bank NA.
Judge
Hellerstein: why didn't you
correct this in June?
Counsel: We told
Probation he stores his crypto
wallet online
Judge
Hellerstein: Give them more
info
Now the
sentencing is being adjourned
to Nov 30 at 2:15 pm. Judge
Hellerstein emphasizes he will
not adjourn it again.
Inner City Press
went on November 30; things
stretched past 4 pm. At first
Judge Hellerstein was
expressing skepticism at
blaming the crime on autism.
But once the
question of why the US
Attorney's Office has not
prosecuted any of the
conspirators, combined with
Truglia raised his offered
restitution to $20 million, it
appeared he might not only go
below the 51 to 63 month
guidelines, but escape prison
for a mental health plan.
It will be
decided, or at least
discussed, on December 1 at
2:15 pm. More on Patreon here.
On December 1,
Judge Hellerstein arrived at
18 months, 12 of them already
served, and the six to be cut
by "good time." Thread:
Now Sentencing
Day 2 is crypto case of US v
Truglia, brought in a suit
from jail. Judge perusing
financial order. Judge is
writing changes into the
financial agreement, for
Truglia to initial.
Defense proposes
therapy twice a week, to
"learn the emotional impact
his action have on other." And
"work therapy" at Good Will.
Says, "Nick does not need
money."
Truglia has a
croaking voice. Says, I'd
never steal face to face... I
have turned my distance from
the public into a chance for
self-reflection.
Tuglia: I want to
work in cyber security. I am
not who the news media
portrays me to be (?)
Drum roll...
Judge: Mr Truglia, all
sentences are difficult. The
guidelines are 51 to 63
months. I am impressed by your
payment and statement. But
there's also the crime. I
sentence you to 18 months.
Judge: You've
already served 12 months. [So,
6 months to go] No drug
testing. Defense: No
objection. Request FCI
Danbury.
Judge: I will so
recommend.
In August
of 2023 the question was
whether Truglia had failed to
pay restitution, and thus
whether he should be
resentenced. A hearing was
held in early November, with
questioning about a Trezor
cold storage wallet. And on
November 17 the prosecutors
urged the resentencing, citing
"the elaborate and fraudulent
scheme the defendant has
pursued since sentencing in an
attempt to deceive this Court,
the Probation Office and his
victim that he would honor
that obligation."
Watch this site.
The case is US v.
Truglia, 19-cr-921
(Hellerstein)
***
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