Ex-Amazon engineer gets 3 years for hacking crypto exchanges
ID: d398a742-9d67-52f9-95c2-57ebac6e6cdf
STIX ID: report--d398a742-9d67-52f9-95c2-57ebac6e6cdf
Feed Name: Bleeping Computer
Threat Score
Former Amazon security engineer Shakeeb Ahmed pleaded guilty and was sentenced to three years in prison for hacking two DeFi/crypto exchanges in July 2022, stealing about $12.3M by manipulating smart contracts (introducing false pricing and exploiting a contract loophole via a flash loan), using mixers and cryptocurrency conversions to obscure proceeds, and attempting to extort victims; the DOJ secured forfeiture and restitution.
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