The United States Attorney for the Southern District of New York, Damian Williams, just announced the indictment of a former cybersecurity professional who allegedly hacked an international decentralized crypto exchange (DEX) and stole $9 million worth of crypto assets.
According to the indictment, Shakeeb Ahmed carried out the attack sometime in July 2022 when he exploited a vulnerability of the Solana (SOL)-based DEX.
The 34-year-old, a senior security engineer at an international technology company at the time of the attack, allegedly inserted fake pricing data that caused the platform’s smart contract to generate $9 million worth of inflated fees.
Ahmed then withdrew the fees in cryptocurrency and laundered them to conceal the source and owner of the funds. The accused also tried to evade prosecution.
“After he stole the fees he never legitimately earned, AHMED had communications with the Crypto Exchange in which he decided to return all of the stolen funds except for $1.5 mill
We współpracy z: https://dailyhodl.com/2023/07/13/us-authorities-charge-cybersecurity-engineer-with-stealing-9000000-from-decentralized-crypto-exchange/
