NY’s Bitcoin Bandit ordered to pay $75M to SIM-swap victim28

Michael Terpin, the Bitcoin investor who had $24 million worth of cryptocurrency stolen from him in a SIM-swapping hack, has been awarded a payout three-times the size of his original loss. Los Angeles Superior Court has ordered New York-based Bitcoin Bandit Nicholas Truglia to pay Terpin $74.8 million in compensation, Reuters reports. Truglia and his gang of 25 accomplices used SIM-swapping to ga...

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