Hacker pleads guilty to $12M Solana DeFi hacks in very first clever agreement scams conviction Mike Dalton · 10 hours ago · 2 minutes checked out
The U.S. Department of Justice revealed a first-of-its-kind conviction that will see the implicated pay $5 million in restitution to victims.
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Upgraded: December 14, 2023 at 11:17 pm
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Shakeeb Ahmed, a security engineer who made use of 2 Solana DeFi apps, has actually pleaded guilty, according to declarations from authorities on Dec. 14.
Damian Williams, United States Attorney for the Southern District of New York (SDNY), revealed a guilty plea from the wrongdoer. He specified:
“Five months back, my Office revealed the very first arrest including an attack on a wise agreement. Today … Shakeeb Ahmed pled guilty and accepted return all of the taken crypto to his victims … Today’s conviction reveals that no matter how advanced the techniques utilized, scams is scams, and we will quickly capture and convict you.”
Ahmed introduced the very first of 2 attacks beginning on July 2,