April 15, 2024 at 07:48AM Former senior security engineer Shakeeb Ahmed, 34, of New York, was sentenced to three years in prison for defrauding two cryptocurrency exchanges of $9 million and $1.4 million, using smart contract vulnerabilities to manipulate prices. Ahmed, who worked at an international tech company, must forfeit $12.3 million and pay $5 … Read more
April 13, 2024 at 10:45AM Former security engineer Shakeeb Ahmed has received a three-year prison sentence in the U.S. for hacking two decentralized cryptocurrency exchanges and stealing over $12.3 million. He pleaded guilty to computer fraud and used specialized skills to execute the attacks. Ahmed also laundered the stolen funds but has been sentenced to … Read more
April 12, 2024 at 01:58PM Former Amazon security engineer Shakeeb Ahmed was sentenced to three years in prison for hacking two cryptocurrency exchanges in July 2022, stealing over $12 million. He was also ordered to forfeit $12.3 million and pay restitution to the breached companies. Ahmed used smart contract engineering skills to execute the hacks … Read more