REPORT: Cryptocurrency scammer’s victim gets massive, record judgment

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BY TEAM DML / MAY 13, 2019 /

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Below is a report that DML News gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by NYPost.com:

In January 2018, tech entrepreneur Michael Terpin got scammed out of $23.8 million in cryptocurrency.

On Monday, May 13, it was announced that the 62-year-old Nevada resident is getting payback: The Los Angeles Superior Court awarded Terpin a record-setting cyber-crime default judgment of $75.8 million.

The article goes on to state the following:

As reported in The Post, Terpin was targeted by a Gen-Z hacker gang allegedly led by Nicholas Truglia, a 21-year-old who had been residing in a luxury apartment in Manhattan.

To get more information about this article, please visit NYPost.com. To weigh in, leave a comment below.



DML News offered you the above information as part of our ongoing effort to educate and inform people around the world. You can obtain additional information by visiting NYPost.com

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