<ul data-eligibleForWebStory="false"><li>Nicholas Truglia, who initially received 18 months in prison for his involvement in a $22 million cryptocurrency theft scheme, had his sentence extended to 12 years for failing to repay the victim $20.4 million as promised.</li><li>Despite already serving his original sentence, Truglia was taken into custody immediately after the resentencing.</li><li>Truglia's lawyer argued that the new sentence was an 'extraordinary abuse of discretion' and pledged to appeal.</li><li>Truglia was part of a group of hackers who targeted Michael Terpin, draining his cryptocurrency accounts. The judge criticized Truglia's lavish lifestyle and assets, including crypto, art, and jewellery.</li></ul>

Crypto scammer gets 12 years in prison, up from 18 months

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