Posted 4/12/2024, 5:54:57 PM
Former Amazon Engineer Sentenced for Hacking Crypto Exchanges and Stealing Over $12 Million in Crypto
- Former Amazon engineer Shakeeb Ahmed sentenced to 3 years in prison for hacking crypto exchanges and stealing $12 million+ in crypto
- Ahmed hacked decentralized exchange Nirvana Finance using a flash loan attack, stealing $3.6 million
- He hacked another unnamed Solana exchange by manipulating smart contract pricing data to steal $9 million
- Ahmed tried to cover his tracks, using crypto mixers and converting funds to privacy-centric Monero cryptocurrency
- He researched how to flee the U.S. and obtain citizenship elsewhere to evade law enforcement
