Crypto hacking case Shakeeb Ahmed:
• Sentence Details: Ahmed received a 3-year prison sentence for his crimes, which involved stealing over $12 million from two cryptocurrency exchanges.
• Hacks Committed: He hacked Crema Finance and Nirvana Finance, two decentralized exchanges built on Solana, and stole significant amounts of cryptocurrency.
• Forfeiture and Restitution: As part of his sentence, Ahmed is required to forfeit $12.3 million and pay $5 million in restitution.
• Guilty Plea: Ahmed pleaded guilty to one count of computer fraud in December.
• Legal Precedent: This case is noted as the first-ever conviction for the hack of a smart contract, setting a precedent in the legal treatment of such cybercrimes.
