April 30, 2024

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Ex-Security Engineer Jailed 3 Years for $12.3 Million Crypto Exchange Thefts

1 min read

A former security engineer has been sentenced to three years in prison in the U.S. for charges relating to hacking two decentralized cryptocurrency exchanges in July 2022 and stealing over $12.3 million.
Shakeeb Ahmed, the defendant in question, pled guilty to one count of computer fraud in December 2023 following his arrest in July.
“At the time of both attacks,

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