Tag: Shakeeb Ahmed

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.

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