Tag: Nirvana

Cyberfinance Watch: Smart Contract Hacker Sentenced to Three Years!

Cybercrime tamir - April 14, 2024

In another crypto crime case that underscores the vulnerabilities of decentralized crypto exchanges, a former security engineer, Shakeeb Ahmed, was sentenced to three years in prison for orchestrating hacks that resulted in the theft of over $12 million in cryptocurrency. U.S. District Judge Victor Marrero handed down the sentence, which also included three years of supervised release and a comprehensive forfeiture and restitution order.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.