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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. #FollowForMoreInsights #BullorBear #hacking

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.

#FollowForMoreInsights #BullorBear #hacking

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
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